Updated. You make the call:
New York State:
And all the Amazon jobs are supposed to average $150,000 annually, while Foxconn's have to hit about $54,000.
Here's an archive about Foxconn dating to the first we learned of its massive costs.
New York State:
Amazon Is Getting $1.5 Billion to Come to Queens. Now Begins the Fight Over if It’s Worth It.
“Amazon will receive performance-based direct incentives of $1.525 billion based on the company creating 25,000 jobs in Long Island City,” the company wrote in a blog post formally announcing the deal, most of which come from a state tax credit. “Amazon will receive these incentives over the next decade based on the incremental jobs it creates each year.”
The state also offered a capital grant to the company that could total as much as $500 million that Amazon can use to build new offices.Wisconsin:
'It's a huge subsidy': the $4.8bn gamble to lure Foxconn to America
Foxconn itself has been more circumspect on the number of jobs it will create, saying in a press release it will “create 3,000 jobs with the potential to grow to 13,000 new jobs”. Even if 13,000 new jobs are created, Wisconsin would be paying $346,153 per job at a subsidy of $4.5bn. An astronomical sum, but nothing compared to the $1.5m per job cost if the deal ends up creating just 3,000 new positions.Updated, 12:00 p.m. Not to mention Virginia, which gets 25,000 Amazon jobs at the other new Amazon HQ locale for $819 million!
And all the Amazon jobs are supposed to average $150,000 annually, while Foxconn's have to hit about $54,000.
Here's an archive about Foxconn dating to the first we learned of its massive costs.
