I noticed in this conservative prescription for Wisconsin policymakers a call for more tax reform because states like North Carolina were leaving Bucky in the dust:
State policy-makers deserve credit for recent reforms that allow billions of dollars to remain in the private economy. But other states such as North Carolina have enacted comprehensive tax reforms over the past few years, leaving Wisconsin at a disadvantage.Just for the record, North Carolina couldn't get close to Wisconsin in a head-to-head contest over which state could offer the biggest state tax breaks and subsidies, ever:
RALEIGH, N.C. – North Carolina promised tax breaks and other incentives worth more than $570 million to attract a Foxconn electronics plant that could employ 8,800 people, but the state lost out to Wisconsin’s five-times-larger offer, documents released Monday show.Wisconsin beat North Carolina, and others, to set this mark:
The total incentive package is 10 times larger than anything ever approved in Wisconsin and would be the biggest state subsidy to a foreign company in the United States.Here's one updated blog archive about Foxconn that began in July.