It will be interesting to watch the same fiscally-conservative [sic] Wisconsin Republicans who are still debating exactly how many more millions in taxpayer dollars to haul over to the highway lobby, are withholding some promised payments to local governments for 2016 flood damages to roads, and who nearly stopped breathing when railing about public funds for new Bucks' arena, cough up what is rumored to be at least $200 million in factory-building inducements to Taiwanese electronics giant Foxconn.
Read through this 2017 news story, remembering that it takes about 30 Taiwanese dollars to equal one US dollar, in case you think Foxconn really needs the subsidy:
Read through this 2017 news story, remembering that it takes about 30 Taiwanese dollars to equal one US dollar, in case you think Foxconn really needs the subsidy:
Foxconn Fourth-Quarter Net Profit Estimated T$68.77 Billion [US $2.26 billion] up 30 Percent From Year Ago
Taiwan's Foxconn, the world's largest contract electronics maker and a key Apple Inc supplier, on Friday reported 30 percent growth in fourth quarter net profit from a year ago, defying expectations for a decline...
Net profit in the final three months of 2016 ended four quarters of year-on-year declines to reach T$68.77 billion ($2.26 billion), up from T$52.93 billion in the fourth quarter of 2015, according to a Reuters calculation based on Foxconn's full year 2016 results.
It was...double the T$34.64 billion recorded in the third quarter of 2016.