Wisconsin says Foxconn short of 2019 jobs pledge, misses out on tax credits

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A Wisconsin factory hailed by President Donald Trump as proof he was reviving U.S. manufacturing did not create enough jobs in 2019 to earn its owner Foxconn Technology Group tax credits, the state said on Monday, the second year it has missed its targets.

FILE PHOTO: A shovel and FoxConn logo are seen before the arrival of U.S. President Donald Trump as he participates in the Foxconn Technology Group groundbreaking ceremony for its LCD manufacturing campus, in Mount Pleasant, Wisconsin, U.S., June 28, 2018. REUTERS/Darren Hauck

The Apple Inc supplier’s plans for the Mount Pleasant factory are now unclear, the letter from The Wisconsin Economic Development Corporation said. But for many the factory has become a symbol of failed promises in Midwestern states like Wisconsin that were key to Trump’s 2016 election and are now closely watched swing states in the Republican’s bid to be re-elected on Nov. 3.

Foxconn said in a statement it employed more than the minimum 520 full-time workers by the end of the year to get the credit.

 

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So, the company who wants a tax break says they did meet the requirements, the state who would lose out on a lot of tax money otherwise says they didnt.... It seems like everyone is eager to trust the government on this one....

Did Americans actually believe that this will bring jobs back?!

so outsmarted by Fox Con ? :) Not a ...coyote ? WileGenius

It’s right there in the name

Good. It was a scam ftom ybe beginning Paying for votes !!

Diff

Trump con. Foxconn. Same did.

Knock me over with a feather....

I remember the Fox con pulled by fiscally conservative GOP. You are telling me it was a con all along? I am shocked.

R,

realDonaldTrump natural born businessman 😂

It is a goal, but impossible any time.

😲😲😲🙄🙄🙄

Promises made ....Promises broken

is that shovel for bullshit?

SHOCKING!!!!

Wasn’t this a promise that realDonaldTrump made? So this counts as promise 1,639,240th broken?

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Wisconsin Says Foxconn Doesn’t Qualify for SubsidiesWisconsin officials have denied a request by Foxconn Technology Group for the first payments in what had been envisioned as $3 billion in state subsidies for a major technology complex. Negotiation here is normal, they made a deal I always say that there isn't a single newspaper in the United States of America that is conservative. People keep telling me the Wall Street journal is but when I see articles like this I have to say yet again there is no newspaper that is conservative
Source: WSJ - 🏆 98. / 63 Read more »