To the editor:
Gov. Scott Walker is myopic in his quest to lure Foxconn to Wisconsin at any cost. He’s risking the health of the Great Lakes and the economic viability of his own state.
While I’m very sympathetic to those who need jobs, $3 billion in tax subsidies is far too high a price to pay for Foxconn. Each of the 13,000 jobs which Foxconn must promise to create — EACH of those jobs — would cost Wisconsin $231,000 per job in tax subsidies. Just think of all the roads, bridges and schools that could be built for $3 billion over the next 15 years!
Not to mention the many employees who would commute from northern Illinois (since U.S. Rep. Paul Ryan’s district is a stone’s throw from the border), further compounding the expense to Wisconsin taxpayers: These Foxconn workers’ income taxes will be paid to Illinois and their wages spent at home rather than in the state where they were earned.
Meanwhile, allowing Foxconn to use 7 million gallons of Lake Michigan water daily (of which only 38 percent would be returned to the lake) creates an environmental slippery slope for those who are a party to the Great Lakes Compact. What if every company wanted to break the compact, like Foxconn? The results would be tragic.
Wisconsin must demand a smarter deal with Foxconn before it’s too late, if not for us then for our children and our grandchildren.