Just another MAGA Scam: Foxconn scaling back manufacturing plans in Wisconsin. DrumpF Promised BS!

[80zephyr]

I live in Wisconsin. It is my understanding that FoxConn gets the incentives AFTER the jobs are created.

Mark

 

[Dana7360]

© Getty Images
Electronics manufacturer Foxconn is scaling back its plans to produce LCD panels in Wisconsin, a company executive told Reuters.

“In Wisconsin we’re not building a factory. You can’t use a factory to view our Wisconsin investment,” said Louis Woo, special assistant to Foxconn CEO Terry Gou.

The planned manufacturing plant had been touted by President Trump, who made an announcement about the project at the White House in 2017 and delivered remarks at a groundbreaking ceremony for the plant last year.

Foxconn originally planned to produce LCD television screens, but Woo told Reuters that those plans could be scaled back or canceled altogether. He pointed to the high costs of making television screens in the U.S., according to Reuters.

A source also told Reuters that the Foxconn project is likely to create only 1,000 jobs in Wisconsin by 2020, after the company originally said the plant would hire 5,200 people by that point. .
Foxconn scaling back manufacturing plans in Wisconsin: report

More MAGA JOBS on great Douche/ Dence lies.
More Trickle down orange anal stain growth only occurs in their DOPer pants.
Lucky they hat a Maga Hat to catch the overflows.

btw. I say...

Another MAGA accomplishment dies. DOPers, feel that Orange great Douche touch.

It's just another example of how out of control greed and tax cuts are sending American jobs to other nations and doing a lot of harm to our nation.

High tax rates will stop this. When a company doesn't have to generate huge revenues to pay those millions to the CEOs, executives and stockholders, the company doesn't send our jobs to other nations looking for the cheapest labor. The company can also keep their prices much lower because they don't have to generate such huge revenues for the CEOs, executives and stockholders to suck out of the company. They also can pay employees a proper living wage, provide insurance and other proper benefits.

Greedy people won't take more money past a cap that will result in that money to be taxed at a much higher rate that it's not worth taking that much money.

If Americans honestly want to stop our jobs from being sent to other nations and want to stop this race to the bottom, stop the out of control greed.

Ambitions are very good.

Greed is very bad.

 

[WillowTree]

© Getty Images
Electronics manufacturer Foxconn is scaling back its plans to produce LCD panels in Wisconsin, a company executive told Reuters.

“In Wisconsin we’re not building a factory. You can’t use a factory to view our Wisconsin investment,” said Louis Woo, special assistant to Foxconn CEO Terry Gou.

The planned manufacturing plant had been touted by President Trump, who made an announcement about the project at the White House in 2017 and delivered remarks at a groundbreaking ceremony for the plant last year.

Foxconn originally planned to produce LCD television screens, but Woo told Reuters that those plans could be scaled back or canceled altogether. He pointed to the high costs of making television screens in the U.S., according to Reuters.

A source also told Reuters that the Foxconn project is likely to create only 1,000 jobs in Wisconsin by 2020, after the company originally said the plant would hire 5,200 people by that point. .
Foxconn scaling back manufacturing plans in Wisconsin: report

More MAGA JOBS on great Douche/ Dence lies.
More Trickle down orange anal stain growth only occurs in their DOPer pants.
Lucky they hat a Maga Hat to catch the overflows.

btw. I say...

Another MAGA accomplishment dies. DOPers, feel that Orange great Douche touch.

It's just another example of how out of control greed and tax cuts are sending American jobs to other nations and doing a lot of harm to our nation.

High tax rates will stop this. When a company doesn't have to generate huge revenues to pay those millions to the CEOs, executives and stockholders, the company doesn't send our jobs to other nations looking for the cheapest labor. The company can also keep their prices much lower because they don't have to generate such huge revenues for the CEOs, executives and stockholders to suck out of the company. They also can pay employees a proper living wage, provide insurance and other proper benefits.

Greedy people won't take more money past a cap that will result in that money to be taxed at a much higher rate that it's not worth taking that much money.

If Americans honestly want to stop our jobs from being sent to other nations and want to stop this race to the bottom, stop the out of control greed.

Ambitions are very good.

Greed is very bad.

How high a tax rate are you willing to pay?

 

[Baz Ares]

© Getty Images
Electronics manufacturer Foxconn is scaling back its plans to produce LCD panels in Wisconsin, a company executive told Reuters.

“In Wisconsin we’re not building a factory. You can’t use a factory to view our Wisconsin investment,” said Louis Woo, special assistant to Foxconn CEO Terry Gou.

The planned manufacturing plant had been touted by President Trump, who made an announcement about the project at the White House in 2017 and delivered remarks at a groundbreaking ceremony for the plant last year.

Foxconn originally planned to produce LCD television screens, but Woo told Reuters that those plans could be scaled back or canceled altogether. He pointed to the high costs of making television screens in the U.S., according to Reuters.

A source also told Reuters that the Foxconn project is likely to create only 1,000 jobs in Wisconsin by 2020, after the company originally said the plant would hire 5,200 people by that point. .
Foxconn scaling back manufacturing plans in Wisconsin: report

More MAGA JOBS on great Douche/ Dence lies.
More Trickle down orange anal stain growth only occurs in their DOPer pants.
Lucky they hat a Maga Hat to catch the overflows.

btw. I say...

Another MAGA accomplishment dies. DOPers, feel that Orange great Douche touch.

It's just another example of how out of control greed and tax cuts are sending American jobs to other nations and doing a lot of harm to our nation.

High tax rates will stop this. When a company doesn't have to generate huge revenues to pay those millions to the CEOs, executives and stockholders, the company doesn't send our jobs to other nations looking for the cheapest labor. The company can also keep their prices much lower because they don't have to generate such huge revenues for the CEOs, executives and stockholders to suck out of the company. They also can pay employees a proper living wage, provide insurance and other proper benefits.

Greedy people won't take more money past a cap that will result in that money to be taxed at a much higher rate that it's not worth taking that much money.

If Americans honestly want to stop our jobs from being sent to other nations and want to stop this race to the bottom, stop the out of control greed.

Ambitions are very good.

Greed is very bad.

How high a tax rate are you willing to pay?

We need to repeal the 2017 Tax Douche/Ryan scam fully. Parts of Dubya's and Daddy and raygoon;
We need to cut military spending by 75%.WE have nukes. No one will invade us. Yes, get these overpaid loses arms
makers off gobmint WELFARE.
We need to not giving tax refunds till the national debt in paid off.
We need to break up the yuge corporations that are mostly to big to fail,
We need to limit CEO pay scales.
After 7-10 years when we are not subsidizing them so much. Are required taxes to run states and feds
will be less by far. And we can pay less taxes than we do now;;

Btw. Every billion spent costs me about $5.50 as my share.
States need to legalize the illegal drugs and tax it to turm profits.

 

[WillowTree]

Notice that no damn liberal will ever tell us how how a rate they are willing to pay? Nor will they tell us what they plan to replace corporations with. All they can do is scream for higher taxes on the other guy!

 

[Baz Ares]

Notice that no damn liberal will ever tell us how how a rate they are willing to pay? Nor will they tell us what they plan to replace corporations with. All they can do is scream for higher taxes on the other guy!

Seems you can't read. And #24 said more for a time to fix the national debt DOPer.
Working to less, later on, will be easy then.
btw. I would hardly say I'm a liberal. But vote liberal over gop/DOPer plans most times, as they are better ones.

 

[Baz Ares]

I live in Wisconsin. It is my understanding that FoxConn gets the incentives AFTER the jobs are created.

Mark

"If Foxconn invests at least $9 billion in its plant as it has said it will -- but hires only 1,500 workers, not the 13,000 it says there are potential for -- the incentives paid would exceed $1 million per job."

I'm sure the DOPer leaders will sell the taxpayers out for 1500 jobs there.
DOPers wonder why most states with seaports and real easy access vs states that need to buy jobs.
Or like how ...
This City Will Pay You $10,000 To Move There (And That's Not All)

TexAss is not growing as much these days after all the tax breaks they gave companies to move there. As they're not meeting the infrastructure promised.

 

[JGalt]

I can't say that I blame them for pulling out. I doubt they would have done that if we hadn't ended up with a socialist POS Governor. Tony Evers is a Democrat who campaigned against Foxconn and supported killing the deal, based on the environmental concerns. Rumors are that Evers told Foxconn that he was ending the special environmental rules that Foxconn was getting and that the state environmental agencies would be up their ass sideways.

So now it is no longer economically viable to make it a manufacturing plant.

 

[deanrd]

Foxconn changes $10B Wisconsin project from factory to "research hub"

Remember? This is going to bring in 13,000 jobs for the state of Wisconsin?

The biggest investment in the world.

The greatest company in the world.

Turns out, it was all lies.

It’s not going to be manufacturing at all. With all those blue-collar jobs.

Oh no.

This is going to be high-tech. And like I said, I bet they end up hiring a lot of Asians. Why Asians? Because they are willing to work hard and get an education. Something we know Trump supporters are simply not interested in.

When this was first announced months ago, I said it’s a debt Wisconsin will be paying off for years.

Turns out I was right.

In fact, this is going to be a disaster for Wisconsin decades into the future.

 

[Harry Dresden]

Notice that no damn liberal will ever tell us how how a rate they are willing to pay? Nor will they tell us what they plan to replace corporations with. All they can do is scream for higher taxes on the other guy!

Seems you can't read. And #24 said more for a time to fix the national debt DOPer.
Working to less, later on, will be easy then.
btw. I would hardly say I'm a liberal. But vote liberal over gop/DOPer plans most times, as they are better ones.

I would hardly say I'm a liberal. But vote liberal over gop/DOPer plans most times, as they are better ones.
that probably means you are a liberal baz....just sayin...

 

[JGalt]

Notice that no damn liberal will ever tell us how how a rate they are willing to pay? Nor will they tell us what they plan to replace corporations with. All they can do is scream for higher taxes on the other guy!

Seems you can't read. And #24 said more for a time to fix the national debt DOPer.
Working to less, later on, will be easy then.
btw. I would hardly say I'm a liberal. But vote liberal over gop/DOPer plans most times, as they are better ones.

I would hardly say I'm a liberal. But vote liberal over gop/DOPer plans most times, as they are better ones.
that probably means you are a liberal baz....just sayin...

Geez, dude. Baz crossed the line from being a mere "liberal" to becoming a full-blown "radical leftist" a long time ago.

 

[Harry Dresden]

Notice that no damn liberal will ever tell us how how a rate they are willing to pay? Nor will they tell us what they plan to replace corporations with. All they can do is scream for higher taxes on the other guy!

Seems you can't read. And #24 said more for a time to fix the national debt DOPer.
Working to less, later on, will be easy then.
btw. I would hardly say I'm a liberal. But vote liberal over gop/DOPer plans most times, as they are better ones.

I would hardly say I'm a liberal. But vote liberal over gop/DOPer plans most times, as they are better ones.
that probably means you are a liberal baz....just sayin...

Geez, dude. Baz crossed the line from being a mere "liberal" to becoming a full-blown "radical leftist" a long time ago.

maybe you should be tellin baz that.....

 

[JGalt]

Notice that no damn liberal will ever tell us how how a rate they are willing to pay? Nor will they tell us what they plan to replace corporations with. All they can do is scream for higher taxes on the other guy!

Seems you can't read. And #24 said more for a time to fix the national debt DOPer.
Working to less, later on, will be easy then.
btw. I would hardly say I'm a liberal. But vote liberal over gop/DOPer plans most times, as they are better ones.

I would hardly say I'm a liberal. But vote liberal over gop/DOPer plans most times, as they are better ones.
that probably means you are a liberal baz....just sayin...

Geez, dude. Baz crossed the line from being a mere "liberal" to becoming a full-blown "radical leftist" a long time ago.

maybe you should be tellin baz that.....

She won't listen to me. I keep tryin' to tell her, but no luck.

I see she still has what looks like a Mexican carnival going on down near where her signature line should be.

 

[Baz Ares]

Notice that no damn liberal will ever tell us how how a rate they are willing to pay? Nor will they tell us what they plan to replace corporations with. All they can do is scream for higher taxes on the other guy!

Seems you can't read. And #24 said more for a time to fix the national debt DOPer.
Working to less, later on, will be easy then.
btw. I would hardly say I'm a liberal. But vote liberal over gop/DOPer plans most times, as they are better ones.

I would hardly say I'm a liberal. But vote liberal over gop/DOPer plans most times, as they are better ones.
that probably means you are a liberal baz....just sayin...

Geez, dude. Baz crossed the line from being a mere "liberal" to becoming a full-blown "radical leftist" a long time ago.

maybe you should be tellin baz that.....

My RW solutions on issues make DOPer seem reasonable.
But these RW solutions are bipartisan supported.

 

[Harry Dresden]

Notice that no damn liberal will ever tell us how how a rate they are willing to pay? Nor will they tell us what they plan to replace corporations with. All they can do is scream for higher taxes on the other guy!

Seems you can't read. And #24 said more for a time to fix the national debt DOPer.
Working to less, later on, will be easy then.
btw. I would hardly say I'm a liberal. But vote liberal over gop/DOPer plans most times, as they are better ones.

I would hardly say I'm a liberal. But vote liberal over gop/DOPer plans most times, as they are better ones.
that probably means you are a liberal baz....just sayin...

Geez, dude. Baz crossed the line from being a mere "liberal" to becoming a full-blown "radical leftist" a long time ago.

maybe you should be tellin baz that.....

She won't listen to me. I keep tryin' to tell her, but no luck.

baz is a she?....

 

[JGalt]

Seems you can't read. And #24 said more for a time to fix the national debt DOPer.
Working to less, later on, will be easy then.
btw. I would hardly say I'm a liberal. But vote liberal over gop/DOPer plans most times, as they are better ones.

I would hardly say I'm a liberal. But vote liberal over gop/DOPer plans most times, as they are better ones.
that probably means you are a liberal baz....just sayin...

Geez, dude. Baz crossed the line from being a mere "liberal" to becoming a full-blown "radical leftist" a long time ago.

maybe you should be tellin baz that.....

She won't listen to me. I keep tryin' to tell her, but no luck.

baz is a she?....

Or a "he". Or whatever. It's hard to tell any more.

 

[skews13]

An Asian company. No surprise


But the thousand additional jobs they are bringing in is a thousand more than there were.

Yep, at the cost of $3 Billion up front, and no tax revenue for the next 25 years. Wisconsin will have a whole new generation of grandchildren paying for it. If you're stupid enough to vote Republican, you deserve anything that happens to you. Fortunately, a whole new generation is growing up learning this, and the Magamites are going to have to hate on their own dime in the future.

 

[deanrd]

Scott Walker's Foxconn Deal for Wisconsin Plant Is Not Producing the Promised Jobs

Foxconn project was championed by former Wisconsin Governor Scott Walker, a Republican who helped secure around $4 billion in tax breaks and other incentives before leaving office. Critics of the deal, including a number of Democrats, called it a corporate giveaway that would never result in the promised manufacturing jobs and posed serious environmental risks.
..............
We discussed this on this very forum months ago.

5,200 jobs by 2020?

Looks like less than a thousand.

Manufacturing center?

or technology hub.

Hubba hubba.

Wisconsin is so screwed. I wonder what Republicans in Wisconsin got out of it?

You know Republicans will screw over millions of Americans for a dime.

It doesn't even surprise Republicans.

They don't even try to defend it anymore.

Why bother?

 

[deanrd]

You would have thought after Carrier, Republicans would have learned their lesson.

Guess not.

It's like they live off the hype and not the reality.

 

[80zephyr]

I live in Wisconsin. It is my understanding that FoxConn gets the incentives AFTER the jobs are created.

Mark

"If Foxconn invests at least $9 billion in its plant as it has said it will -- but hires only 1,500 workers, not the 13,000 it says there are potential for -- the incentives paid would exceed $1 million per job."

I'm sure the DOPer leaders will sell the taxpayers out for 1500 jobs there.
DOPers wonder why most states with seaports and real easy access vs states that need to buy jobs.
Or like how ...
This City Will Pay You $10,000 To Move There (And That's Not All)

TexAss is not growing as much these days after all the tax breaks they gave companies to move there. As they're not meeting the infrastructure promised.

Wisconsin is filled with old technology. We have to find some hi tech industry to locate here. Its simply a matter of survival.

Mark