State analysis projects WI will recoup Foxconn subsidies in 2042-43 fiscal year


The boost in income tax revenues Wisconsin would see from Foxconn and the indirect jobs the project could create would not exceed the state's $3 billion investment in the Taiwanese company until at least 2042-43, according to new state projections.
At best, the state's break-even point would be fiscal year 2042-43 if the electronics manufacturer creates 13,000 jobs and builds the $10 billion facility. But it would be "well past" 2044-45 if it only added about 3,000 jobs, the Legislative Fiscal Bureau wrote in an analysis released today.
Dems used the new analysis to demand Republicans slow dow...

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