State’s break-even point under Foxconn deal one of four ‘weaknesses’ WEDC staff identified in proposal

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The state jobs agency pointed to the state's break-even point under the Foxconn deal as one of the agreement's "weaknesses," according to the staff review board members approved last week.
Estimates from the Legislative Fiscal Bureau, as well as separate analyses from Ernst and Young, Baker Tilly and the Wisconsin Economic Development Corp. found it would take some 20 or 25 years before the boost in tax revenues and the jobs the project would create would exceed the state's $3 billion investment.
Still, the document -- which was released to WisPolitics.com on Friday through an open records req...

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