Wisconsin to pay $231K per job in Foxconn tax incentive deal
Governor Scott Walker and Foxconn Founder Terry Gou signed a vaguely worded Memorandum of Understanding (MOU) at the Milwaukee Art Museum on July 27. Both signatories noted the symbolism of the Art Museum’s wings, designed by Santiago Calatrava, had special significance because the project to bring Foxconn to Wisconsin was called “Flying Eagle.” Under Governor Walker’s plan, $3 billion in state tax breaks would be approved in August as an economic incentive package for Foxconn. The Taiwanese company has not specified a location, other than Southeastern Wisconsin, as the site for its new factory. The manufacturing facility is estimated...
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