Foxconn, which touted its partnership with Wisconsin to build an LCD plant there, is denied WI tax subsidies after it failed to meet hiring benchmarks in 2019
Josh Dzieza / The Verge :
The Verge Josh Dzieza
Related Coverage
- View article Ars Technica
- Wisconsin says Foxconn short of 2019 jobs target for tax credits Reuters
- Foxconn Won't Get Tax Subsidies After Failing to Deliver Factory and Jobs It Promised Gizmodo · Joanna Nelius
- Letter from Chief Legal Officer of the Wisconsin Economic Development Corporation to Associate General Counsel of Foxconn's US arm cdn.vox-cdn.com
- Wisconsin denies tax credits to Foxconn for 2019 work, says company did not create enough jobs to fulfill agreement Milwaukee Journal Sentinel · Ricardo Torres
- Wisconsin tells Foxconn no tax credits without new deal FOX6 News Milwaukee · Scott Bauer
- Foxconn plant Trump hailed as ‘8th wonder’ loses huge tax credits Al Jazeera
- State says Foxconn cannot receive billions in tax credits until new contract is drafted madison.com · Mitchell Schmidt
- Wisconsin just denied Apple's biggest supplier a huge tax break after the company failed to build a factory that promised to bring thousands of jobs to the state Business Insider · Katie Canales
- Foxconn's bid for tax subsidies rejected by Wisconsin officials AppleInsider · Mike Peterson
- Wisconsin Says Foxconn Doesn't Qualify for Subsidies Wall Street Journal · Joe Barrett
- Foxconn Loses Bid for Tax Credits on Factory Trump Touted Bloomberg · Jacqueline Davalos
- Foxconn denied tax subsidies for Wisconsin plant CNET · Carrie Mihalcik
Discussion
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@reckless
Nilay Patel
on x
Exclusive from @joshdzieza: Wisconsin has denied Foxconn's tax subsidy application, saying it hasn't built the promised Gen 10.5 LCD factory and it only employs 281 employees. (You might recall Trump and Walker promised 13,000 jobs from this deal.) https://www.theverge.com/...
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@kylegriffin1
Kyle Griffin
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Trump praised the Foxconn deal in 2018. Now, Wisconsin just denied Foxconn tax subsidies because it's not building what it promised, it failed to hire enough people, and it has refused to revise its contract. https://www.theverge.com/...
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@patrickkleary
Patrick
on x
281 jobs. Everyone who worked on or around this project lied to the people of Wisconsin deliberately. https://twitter.com/...
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@scapelliti
@scapelliti
on x
Time after time, businesses from manufacturers to sports teams violate their tax break agreements with towns and cities, raking in profits and leaving taxpayers with the burden. Finally, someone had the guts to stand up to this corrupt practice. https://twitter.com/...