Quote:
Originally Posted by marothisu
^ Not going to happen. Even Rauner is in on this thing trying to put together packages so they can come to Chicago. Anybody who has the most basic level of investment/financial knowledge can see how worth it it would be for this. Even if you gave them a tax break worth $500M over time, if they really staffed up 50K workers at an average of say $110K per year, then that's nearly a quarter billion dollars per year for income tax alone for the state. Depending on how long that staff up takes, you'd definitely be out of the red within a few years and would be making tons more after that over time than if you didn't get the workers at all.
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Are you kidding me? Wisconsin is giving Foxconn $3 billion in tax breaks and that's for a much smaller project.
Whoever "wins" Amazon will be forking over WAY the hell more than $500 million in tax breaks