Concerns were raised last week when news outlets reported Foxconn was planning to scale back or suspend the manufacturing plant in Racine county. Foxconn did confirm last Friday those were false allegations. However, the startle refueled the debate on their incentive package and it's long term benefits, or lack there of, to Wisconsin. "This $4 billion tax break package is one of the largest corporate attraction packages in US history as measured by jobs" The heart of the debate is whether or not the jobs that Foxconn committed to creating, will still exist after the subsidy package expires. This is why ENJEN takes pride in fixing the disproportionate allocation of government funds. Providing everyday companies the same opportunity as the Amazons, Boeings, and Foxconns of the world. When the "everyday" companies receive these benefits this is contributing to organic job growth. ENJEN helps companies grow and ultimately create jobs that will not disappear when the metaphorical well of incentives runs dry. Full article below.
Wisconsin gave Foxconn a rich subsidy package. Did we overpay? Some experts say we did.
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