Wisconsin offered Foxconn more than Virginia and New York did for Amazon

Author: The Washington Post

Jholt

Management & Organization professor Joe Holt was quoted in the Washington Post in an article about how large the bundle of financial incentives Wisconsin offered to lure Taiwanese technology giant Foxconn is in comparison to what New York, Virginia and Tennessee collectively pledged to Amazon.com.

Still, Joe Holt, a business professor at the University of Notre Dame in Indiana, said Wisconsin botched the negotiations.

“Wisconsin is recklessly offering more in tax incentives and subsidies on a per-job basis than Virginia and Wisconsin are,” he said. “The Amazon deals seem more a ‘win-win,’ while the Wisconsin deal with Foxconn seems more a ‘whimp-win.’ ”