DawnODay
Literotica Guru
- Joined
- Dec 19, 2015
- Posts
- 3,120
Remember how everyone on the left predicted Foxconn would somehow take the money, then abandon Wisconsin?
Foxconn aims for Wisconsin factory to be operational by end of 2020, MarketWatch (Mar. 18, 2019).
Not only does this confirm that Foxconn is proceeding with construction, but also puts in simple, straightforward terms what I have explained repeatedly in this thread: Foxconn only gets the tax credits if it lives up to its side of the bargain. By the time it has done that, the economic activity its construction and hiring will create will pay fully for the tax credits along with significant profit for state coffers.
When the factory is up and running two years from now, will all the people who so confidently predicted on the previous 15 pages of this thread that it would never happen simply admit that they were wrong?
Foxconn Technology Group said Monday that its manufacturing facility in Wisconsin will be producing flat-screen panels by the end of 2020, with construction starting later this year....
Even with the changes, Foxconn has remained committed to investing up to $10 billion in Wisconsin and hiring 13,000 people. If it does that, the company would qualify for about $4 billion in state and local tax credits.
Even with the changes, Foxconn has remained committed to investing up to $10 billion in Wisconsin and hiring 13,000 people. If it does that, the company would qualify for about $4 billion in state and local tax credits.
Foxconn aims for Wisconsin factory to be operational by end of 2020, MarketWatch (Mar. 18, 2019).
Not only does this confirm that Foxconn is proceeding with construction, but also puts in simple, straightforward terms what I have explained repeatedly in this thread: Foxconn only gets the tax credits if it lives up to its side of the bargain. By the time it has done that, the economic activity its construction and hiring will create will pay fully for the tax credits along with significant profit for state coffers.
When the factory is up and running two years from now, will all the people who so confidently predicted on the previous 15 pages of this thread that it would never happen simply admit that they were wrong?