Wisconsin

TexasTowelie

(116,749 posts) Thu Dec 20, 2018, 05:34 AM Dec 2018

Wisconsin taxpayers could pay Foxconn for work done outside of Wisconsin, audit says

Taxpayers could pay Taiwanese tech giant Foxconn for work done outside of Wisconsin unless changes are made to how the state's jobs agency issues tax credits, a state audit shows.

The Legislature's Audit Bureau is recommending the Wisconsin Economic Development Corp. make changes to its procedures to avoid awarding tax credits to Foxconn Technology Group for work that isn't being done in the state.

The bureau's audit released Wednesday shows the agency's procedures don't comply with the state's contract with Foxconn and state law.

"WEDC indicated that it intends to award Foxconn program tax credits for the wages of employees who are directed from and paid" from the Wisconsin operation, although not necessarily located here, the audit said.

Read more: https://www.jsonline.com/story/news/politics/2018/12/19/audit-warns-state-could-pay-foxconn-work-done-outside-wisconsin/2367901002/

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Wisconsin taxpayers could pay Foxconn for work done outside of Wisconsin, audit says (Original Post) TexasTowelie Dec 2018 OP

That deal just gets better and better... Luciferous Dec 2018 #1

This whole thing sounds like a scam and I don't foresee anything good coming out of this... SWBTATTReg Dec 2018 #2

That's what happens when you jam something down the states throat. Ellipsis Dec 2018 #3

Luciferous

(6,261 posts)

1. That deal just gets better and better...

Reply to TexasTowelie (Original post)

Thu Dec 20, 2018, 06:57 AM

Dec 2018

SWBTATTReg

(24,085 posts)

2. This whole thing sounds like a scam and I don't foresee anything good coming out of this...

Reply to TexasTowelie (Original post)

Thu Dec 20, 2018, 07:01 AM

Dec 2018

for one company Foxconn to gather so much from one state for building and promising factory jobs in WI sounds too good to be true and I suspect that it will turn out to be so. That's okay, the WI repugs and Paul Ryan will perhaps answer to it someday, having spent a substantial amount of WI development money and tax revenues into this 1 bucket. Going to be a big mess...

Ellipsis

(9,183 posts)

3. That's what happens when you jam something down the states throat.

Reply to TexasTowelie (Original post)

Thu Dec 20, 2018, 01:19 PM

Dec 2018

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