CCP-Linked Battery Maker, Gotion, Confirms It’s Eligible For US Taxpayer Subsidies For Illinois Project, Executive Says On CNBC – Daily Caller

Screen Shot 2023-10-26 at 4.10.36 PM Comment: At Wirepoints, we did the calculation ourselves and confirmed that Gotion is eligible for about $7.5 in federal tax subsidies, in addition to the $536 million from the State of Illinois. Gotion has clear ties to the Chinese Communist Party.
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Bill also
6 months ago

They probably are, legally. But as a tax payer in the once great state of Illinois , I find it morally objectable.

Leaving Soon, just not soon enough
6 months ago

Many products found in Walmart come from China. Chinese products are everywhere. Many American agriculture products are sold to China. Trading with each other benefits us all. Your Apple phone was assembled in China. Lots and lots of things come and go from China. I like Chinese food.

debtsor
6 months ago

LOL the chinese elites don’t even eat chinese food. They import their food from Japan and Australia.

taxpayer
6 months ago

International trade can be a fine thing, if health and safety get adequate attention. But using public money to subsidize a company, whether foreign or domestic, is never necessary. (We could, of course, have a long discussion about what is a “subsidy,” but in this case there’s no question.)

Bill also
6 months ago

We shouldn’t be trading with communist countries, period.

Old Spartan
6 months ago

The Commies are laughing hysterically at this deal What a bunch of buffoons in Illinois. The math on the subsidies is so obvious. The fact that these are the bad guys ripping us off is so obvious. Illinois is a clown show on the international stage.

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