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Wisconsin advances $3bn bribe incentives package for Foxconn

Kev99 Silver badge

No, bribe IS the correct term. OR call it what it really is - EXTORTION. For 20 years I sat on a county tax incentive review council and in all of the hundreds of incentives we reviewed, perhaps a handful could justify the tax loss. One prime example - Ford wanted a 75% break on a $125M investment, a savings of under $200K a year. They claimed without it, they'd build elsewhere. The only other plants in the world that could build the trannys were in Bordeaux and Brazil.

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