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Showdown in Wisconn Valley

Why won’t Foxconn tell Wisconsin what it’s building?

[theverge.com]

FearlessFly 9 Dec 16
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"Both sides seemed to have reason to revise the contract: the state to make sure taxpayers weren’t on the hook for exorbitant subsidies, and Foxconn to make sure it got paid."

Exorbitant subsidies? As far as I can tell, all subsidies like this are exorbitant. I wonder why it even makes sense to subsidize already profitable corporations. I think if these incentives were applied in a more general manner and not to specific corporations, they might make more sense.

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