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Wisconsin group that negotiated Foxconn deal has oversight problems, audit finds

Shayndi Raice  |  June 11, 2019

“The Wisconsin group that negotiated $3 billion in tax incentives for Foxconn Technology Group has problematic oversight practices, a state audit has found, raising fresh concerns about the costly incentives states use to attract economic growth. … The audit found that only 35% of the jobs promised by companies from 2011 until 2018 were actually created, based on data from awards that had ended.”

Read the full article on: The Wall Street Journal

 
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