Opposition grows to proposed Chinese battery plant subsidized by Illinois taxpayers – IOTW Report

Opposition grows to proposed Chinese battery plant subsidized by Illinois taxpayers

JTN:

Opposition is building against a proposed Chinese battery plant for Manteno in Kankakee County.

Gotion Incorporated, with reported ties to the Chinese Communist Party, is set to receive more than $7 billion in federal tax credits, and over $500 million in subsidies from Illinois.

During a news conference Monday in Manteno, State Rep. Brad Halbrook, R-Shelbyville, said the tax incentives don’t add up.

“The total subsidies for the plant calculate to an astounding $3 million for each job created,” Halbrook said. “Why are U.S. taxpayers providing $8 billion in economic incentives for the construction of a plant that costs $2 billion to build?” more

6 Comments on Opposition grows to proposed Chinese battery plant subsidized by Illinois taxpayers

  1. No way in hell do the tax payers of Illinois go along with this shit.
    We are broke, have roads that are beyond repair, have to pay tax on food and OTC Medicine, have had nearly all the coal fired power plants shut down. thousands of jobs lost and MAJOR corporations have left the state. Unfortunately, Illinois is a demoncrat run shithole with J.B. Pritzker (having been trained in California) ruining everything. Yet still, the Morons of Illinois vote this shit in every time. If someone will buy my family homestead of 5 generation I would leave this afternoon.

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