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State Won’t Break Even On Foxconn Deal Until At Least 2043

August 8, 2017 News Article

WORT FM

By WORT FM News Department and Nina Kravinsky

The legislative fiscal bureau says it will take at least 25 years for Wisconsin’s incentives package for the manufacturer to break even.

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Director of the non-profit Wisconsin Budget Project Jon Peacock says the deal is quote “unprecedented.”

Also in the bill — a tax credit for Brookfield financial services company Fiserv, which Peacock says has been threatening to cut jobs.

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