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#13981
Jul 26 2017 09:32pm
Quote (Goomshill @ 27 Jul 2017 03:35)
'economic incentives' means tax breaks. They aren't paying $3 billion from their coffers, they're letting foxconn deduct $1.5 billion job creation tax credits, $1.35 billion capital investment tax credits and $150 million sales and use
Wisconsin couldn't go out tomorrow and give $230,000 to 13,000 people 'instead' of paying $3 billion to foxconn, because they'd have to get that money from somewhere

tax credits to attract businesses has been a big point of competition between US states and is pretty normal, even if its a bad practice


Since 3bi/230k=13k ... it seems pretty clear trump made his statement considering 3.
Now it can be less jobs for less indirect payment...

Not very fair for smaller businesses btw.
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#13982
Jul 26 2017 09:40pm
Quote (Saucisson6000 @ Jul 26 2017 09:32pm)
Since 3bi/230k=13k ... it seems pretty clear trump made his statement considering 3.
Now it can be less jobs for less indirect payment...

Not very fair for smaller businesses btw.


my dreams of opening up a plastic circuit board manufacturing facility to supply the good peoples of my wisconsin dairy farming town with motherboards has been crushed
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#13983
Jul 26 2017 09:40pm
Quote (Sakuraba @ Jul 26 2017 09:40pm)
my dreams of opening up a plastic circuit board manufacturing facility to supply the good peoples of my wisconsin dairy farming town with motherboards has been crushed


:rofl:
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#13984
Jul 26 2017 09:53pm
Quote (Sakuraba @ Jul 26 2017 10:40pm)
my dreams of opening up a plastic circuit board manufacturing facility to supply the good peoples of my wisconsin dairy farming town with motherboards has been crushed


Are they like ... printed circuit boards? :)

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#13985
Jul 26 2017 09:56pm
Quote (Ghot @ Jul 26 2017 09:53pm)
Are they like ... printed circuit boards? :)


yeah, that's what I meant (PCB) i was going to hire the school children to do all the soldering. Gigabyte ran us out of business in our old farming town, now foxconn is fucking us over. We just can't win.
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#13986
Jul 26 2017 10:20pm
Some good news comes out of the senate today, a senate panel that decides the FAA budget rejected the proposal to privatize air-traffic control. Not finalized though.
Some bad news out of the house, they voted to strip bank & credit card customers of their constitutional right to a day in court (makes it harder for you to find banks accountable via the legal system) again not finalized, but given the current climate, likely to happen.
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#13987
Jul 26 2017 11:31pm
Quote (Sakuraba @ Jul 26 2017 10:56pm)
yeah, that's what I meant (PCB) i was going to hire the school children to do all the soldering. Gigabyte ran us out of business in our old farming town, now foxconn is fucking us over. We just can't win.



Then you'll just have to get an executive position in the new Foxconn plant?





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#13988
Jul 26 2017 11:34pm
Quote (Ghot @ Jul 26 2017 11:31pm)
Then you'll just have to get an executive position in the new Foxconn plant?


only if they provide the safety nets
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#13989
Jul 27 2017 02:54am
Quote (excellence @ 27 Jul 2017 03:42)
http://www.reuters.com/article/us-apple-foxconn-wisconsin-idUSKBN1AB258

Code
(Reuters) - Taiwanese electronics manufacturer Foxconn on Wednesday announced plans to build a $10 billion LCD display panel screen plant in Wisconsin, a deal President Donald Trump asserted would not have happened without his efforts.

The company said it plans to invest $10 billion over four years to build a 20-million square foot plant that could eventually employ up to 13,000.

Trump praised Foxconn chairman Terry Gou at a White House event, asserting: "If I didn't get elected, he definitely wouldn't be spending $10 billion ... This is a great day for America."


Foxconn will build a plant making LCD display products in WI, USA. Foxconn is a primary supplier for firms like Apple and Google and Amazon.

per wapo



thesnipa is cackling maniacally over his light beer and cheese curds on all these jobs he can automate in the next 3-5 years

[√] winning [ ] not winning


dat moment your wage development is so shitty that chinese firms outsource their factories to your country :rofl: ;)

just kidding^^

This post was edited by Black XistenZ on Jul 27 2017 02:55am
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#13990
Jul 27 2017 09:12am
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