The fight for a Taiwanese iPhone manufacturer and 10,000 jobs
Wisconsin is trying to get the Taiwanese iPhone manufacturer Foxconn to employ up to 10,000 people in the state at a $7 billion display panel manufacturing plant, per the AP.
The problem: Several states are vying for the manufacturer — Michigan just passed new economic incentives to try and curry favor with Foxconn, for example.
The state could use $200 million proposed for a personal income tax cut and divert it to help pay for incentives, Republican Senate Majority Leader Scott Fitzgerald said.
Foxconn is expected to announce its decision this August.