State senator introduces a bill to deal with Foxconn's hidden costs

The Foxconn deal with the State of Wisconsin may come with some hidden costs to taxpayers.  A Legislative Audit Bureau found that some of the $1.5-billion in tax credits could be used by Foxconn for work done outside of the state.  Now, 30th District State Senator Dave Hansen is introducing a bill that would change the rules adopted by the Wisconsin Economic Development Corporation for Foxconn. Those rules allow payroll tax credits for "remote' workers, those who work at home or in sales.  Senator Hansen says that goes against what the agreement with Foxconn promised.



Foxconn promised to create 13,000 jobs and invest $10-billion in an LCD manufacturing center in Mt. Pleasant.  Foxconn has also bought the Watermark Building in Green Bay for what it calls an innovation center.

Search Our Site



Do you support red flag legislation that would allow judges to have guns taken away from people ruled mentally ill?
Add a Comment
(Fields are Optional)

Your email address is never published.

Sports Poll

Is Tony Bennett the classiest coach in basketball for turning down a $500,000 raise?
Add a Comment
(Fields are Optional)

Your email address is never published.

Obituaries are provided as a service of the

Schinderle Funeral Home of Algoma



Sign up for our Daily Electronic Newspaper and/or our Shopping Show newsletter!


Get the latest news with our Daily Electronic Newspaper delivered to your inbox.


Get the latest updates for our Shopping Show delivered to your inbox every Friday.