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Trump, Foxconn Deal to Heat up Self-Defeating War Between States

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n recent years, the fifty states have been engaged in a self-defeating competition to woo businesses through incentive packages, an endeavor that has siphoned huge sums—variously estimated at $80 billion to $110 billion—out of public budgets and into corporate coffers each year…

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Foxconn's Gou looks on as Trump shakes hands with Pence, Walker and Ryan at the end of a White House event for Foxconn's announcement of of future plant in Wisconsin. Photo by Thomson Reuters