Remember The Ala...ah...FOXCONN [View all]

[StClone]

Hey Wisconsinites! There is a little story revealing how Republicans do "business" and leave you with the bill! This should be required reading and an all-out shouting from the rooftops come election time to "Remember the FOXCONN ripoff":

The $3 billion, offered by Republican Gov. Scott Walker, was downgraded to an $80 million subsidy by Democrat Tony Evers, on the condition of 1,500 jobs. Foxconn to date hasn’t hit that. But the Village of Mount Pleasant and Racine County are on the hook for significant borrowing costs on money issued for water and sewer systems. If Foxconn stiffs the village starting in January on its approximately $26 million in annual property taxes, the fiscal situation could turn dire.

https://prospect.org/blogs-and-newsletters/tap/2023-08-23-foxconn-debacle-economic-development/