WISCONSIN — It would take state taxpayers a minimum of 25 years to break even on a proposed $3 billion incentive package that is designed to lure electronics manufacturer Foxconn to Wisconsin.

According to an analysis by the nonpartisan Wisconsin Legislative Fiscal Bureau, the cost of the tax credits would exceed potential increased tax revenues by $1.04 billion at the end of fiscal year 2032-33.

After that year, payments to Foxconn would end and increased tax collections are estimated at $115 million annually. Their analysis, which was released Tuesday, implies that the break-even point would come during the 2042-43 fiscal year.