
Wisconsin won’t break even on Foxconn plant deal for over two decades
https://www.theverge.com/2017/8/10/16125792/apple-foxconn-wisconsin-deal-jobs-profitable-2043
Wisconsin’s plan to treat Foxconn to $3 billion in tax breaks in exchange for a $10 billion factory is looking less and less like a good deal for the state. In a report issued this week, Wisconsin’s Legislative Fiscal Bureau said that the state wouldn’t break even on its investment until 2043 — and that’s in an absolute best-case scenario.
How many workers Foxconn actually hires, and where Foxconn hires them from, would have a significant impact on when the state’s investment pays off, the report says.