No Excuses Posted January 31, 2019 Share Posted January 31, 2019 Just now, mistertim said: Lol wut? That's so hilariously stupid but at the same time sad because you KNOW Trump will do the same thing but with congressional Dems and his mouth breathing followers will swallow it whole. This is nothing. In less than 5 years, the GOP will blame Trump and all of his awful decisions on Democrats. There is a reason the well educated centers of America have abandoned the GOP. Anyone with a functioning brain can see that the GOP is nothing more than a fraternity of corrupt, shameless men. Link to comment Share on other sites More sharing options...
Yohan Posted January 31, 2019 Share Posted January 31, 2019 19 hours ago, Yohan said: Though, I was never fully on board with the Foxconn deal, and have doubts about the jobs numbers. I am hearing rumblings that Rueters has done a piss poor job of investigating this and that there is a lot more to the story, then what is there...clicks I guess. So the Reuters story has been heavily updated since its original source story. It now mentions that Foxconn still plans on hiring 13000 as intended (I have doubts on what this means, as it probably includes the construction jobs to build this) and Foxconn still plans on their $10Billion investment in WI. This was information available yesterday, but somehow left off. The story also fails to note that the first phase is still happening (underway) a $300 Million investment, plus $100 Million to the UW system. The story also fails to note that the Tax Credit or Incentive for Foxconn is based on meeting hiring requirements, which Foxconn failed to meet in 2018 (they were supposed to hire 260, but only hired 178.) My point is, if you are given a set of facts, you should probably include all of them, not pick and choose. Link to comment Share on other sites More sharing options...
visionary Posted February 6, 2019 Share Posted February 6, 2019 Link to comment Share on other sites More sharing options...
Busch1724 Posted February 6, 2019 Share Posted February 6, 2019 So if my math is correct. The 4.5 billion Foxxconn received in breaks and gifts basically equates to $346,153.85 per worker. How is the state ever going to recoup that? They're never going to collect that in taxes, ever! When the company is due to pay the required taxes at normal levels, they'll look somewhere else for a new home. Has anyone seen the percentage of taxes they'll pay in profits? I haven't. Link to comment Share on other sites More sharing options...
Yohan Posted February 6, 2019 Share Posted February 6, 2019 1 hour ago, Busch1724 said: So if my math is correct. The 4.5 billion Foxxconn received in breaks and gifts basically equates to $346,153.85 per worker. How is the state ever going to recoup that? They're never going to collect that in taxes, ever! When the company is due to pay the required taxes at normal levels, they'll look somewhere else for a new home. Has anyone seen the percentage of taxes they'll pay in profits? I haven't. Foxconn hasn't received 4.5 billion in breaks and gifts. Foxconn has to meet certain hiring thresholds and building investments to do so. Foxconn missed their 2018 hiring threshold, and didn't receive the incentive. (It sad to see the nice chunk of farmland and wooded area is a giant mud hole now.) Link to comment Share on other sites More sharing options...
JamesMadisonSkins Posted February 13, 2019 Share Posted February 13, 2019 This whole project is the epitome of the disaster that can become economic development if you let politicians get involved and don't leave it to the professional staff who usually works on these projects and deals. Just saying. Link to comment Share on other sites More sharing options...
Cooked Crack Posted April 11, 2019 Share Posted April 11, 2019 Link to comment Share on other sites More sharing options...
Cooked Crack Posted December 13, 2019 Share Posted December 13, 2019 Link to comment Share on other sites More sharing options...
Larry Posted December 13, 2019 Share Posted December 13, 2019 Gee. They won't even apply for the subsidies to apply to (whetever they're building), then I guess they don't want the subsidies. Sounds great, to me. Link to comment Share on other sites More sharing options...
Cooked Crack Posted October 13, 2020 Share Posted October 13, 2020 Link to comment Share on other sites More sharing options...
Captain Wiggles Posted October 13, 2020 Share Posted October 13, 2020 No subsidy for you! Link to comment Share on other sites More sharing options...
Mr. Sinister Posted October 13, 2020 Share Posted October 13, 2020 Damn, this thread was a doozy🤕 Link to comment Share on other sites More sharing options...
TradeTheBeal! Posted October 13, 2020 Share Posted October 13, 2020 VOS loves his lost causes. #vikingssuperbowl Link to comment Share on other sites More sharing options...
Cooked Crack Posted October 19, 2020 Share Posted October 19, 2020 Link to comment Share on other sites More sharing options...
LD0506 Posted October 20, 2020 Share Posted October 20, 2020 Link to comment Share on other sites More sharing options...
Cooked Crack Posted October 22, 2020 Share Posted October 22, 2020 Link to comment Share on other sites More sharing options...
LD0506 Posted October 22, 2020 Share Posted October 22, 2020 Ugh........ even reading about this Foxconn swindle from a distance makes my head ache. You got CONNED Wisconsin, you got played HARD! And as bad as that is the sheer delusional bull**** following the con generates zero sympathy from me. You got sold an empty bag and you are STILL wandering around imagining what is in the bag, what was in the bag, what a helluva bag it is and how everyone is going to be jealous when they see what a great bag you have. Scott Walker touches himself when he sees your tears. This dismal year has left my ability to sympathize prostrate, seeing these rubes twisting in the wind just makes me say, "Hey, nice hat you got there!"..................."dumbass" Link to comment Share on other sites More sharing options...
TheDoyler23 Posted October 22, 2020 Share Posted October 22, 2020 That Verge article is incredible. Wisconsin GOP saw jobs/ an advertising campaign at any cost and FoxConn saw dollar signs without a close to solvent business plan. Both parties were incredibly stupid. They may as well have built the escalator to nowhere from The Simpsons. Link to comment Share on other sites More sharing options...
Cooked Crack Posted April 20, 2021 Share Posted April 20, 2021 Link to comment Share on other sites More sharing options...
TradeTheBeal! Posted April 20, 2021 Share Posted April 20, 2021 No one could’ve predicted this. Link to comment Share on other sites More sharing options...
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