Foxconn debate cheat sheet and tragic vote to bankrupt Wisconsin’s future
Democrats side with Wisconsinites over foreign corporation, wanting to invest in state-based businesses and communities rather than writing $3 billion check to Taiwanese manufacturer. On August 17, joined by a handful of out-state Republicans, members of the Assembly Democratic caucus voted against Special Session Assembly Bill 1 which gives up to $3 billion in taxpayer dollars and guts countless environmental regulations to lure Taiwanese manufacturer, Foxconn, to Southeast Wisconsin. Since existing corporate handouts most likely negate any potential state income tax liability, Foxconn could receive upwards of $3 billion in cash from state taxpayers for building a manufacturing plant...
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