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|Articles - April 2013|
|Monday, April 01, 2013|
BY EMMA HALL
Oregon’s tax credits and other business incentives have attracted significant media attention recently, from Nike’s 30-year corporate tax agreement deal to allegations that SoloPower failed to deliver on job-creation promises despite landing $20 million in tax credits. The
Tim Duy Senior Director, Oregon Economic Forum
“You’re playing something of a game with incentives and business strategies — sometimes you’re going to win and sometimes you’ll lose. It’s a zero-sum game that plays states and cities against each other, shifting jobs from location A to location B. The reality is that there will always be a political force pushing for business development incentives, so the real issue is how to structure those incentives in such a way to maximize our benefits and minimize our risks as a community.”
Chuck Sheketoff Executive Director, Oregon Center for Public Policy
“Business tax incentives don’t create jobs. They siphon money from what really creates a favorable business climate: strong public structures and a strong middle class. Taxes are at best a minor factor in investment decisions. Customer location, an educated and skilled workforce, quality public infrastructure — these are what really matter. Sure, some corporations will gladly take and even extort state tax subsidies for actions they were going to do anyway. Rather than subsidize profitable corporations, we should invest in top-notch education, health care, infrastructure and workforce training systems that will strengthen Oregon’s economy.”
Rachel Shimshak Executive Director, Renewable Northwest Project
“Incentives create jobs in partnership with other policies, like the renewable energy standard and the Energy Trust of Oregon. On the federal level, every energy resource benefits from tax policy. But renewables face market barriers, as some of the benefits associated with them — good for the environment, no carbon output — aren’t reflected in the cost, and there’s no way to quantify them. So we turn to policy to reduce the impact of these market barriers. The investments have created jobs, but they’ve also created a long-term benefit for the state by helping support local communities.”
Friday, October 24, 2014
A majority of respondents agreed: Local vineyards should remain Oregon-owned and quality is the most important factor when determining where to eat or buy groceries.
Saturday, December 13, 2014
Checking in with the managing director of Arnerich Massena.
Thursday, December 18, 2014
2014 was a year of wild contradictions, fast-paced growth and unexpected revelations.
Thursday, December 18, 2014
BY JASON NORRIS | OB CONTRIBUTOR
The implosion of the energy complex: The best thing for low oil prices is low oil prices.
Thursday, November 20, 2014
BY OB STAFF
Farmers, grocery stores and food processors cash in on kale.
Thursday, December 11, 2014
There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation. Here’s an excerpt:
The authors, Henry Timms and Jeremy Heimans, don’t necessarily favor one form of power over another but merely outline how power is transitioning, and how companies can take advantage of these changes to strengthen their positions in the marketplace.
Our Powerbook issue might be viewed as a case study in the new-power transition. This annual book of lists provides information on leading businesses, nonprofits and universities in the state. Most of the featured companies are entrenched power players now pursuing more flexible and less hierarchical approaches to doing business. Law firms, for example, are adopting new technologies and fee structures to make legal services more accessible and affordable.
This month we also take a look at a controversial new U.S. Securities and Exchange Commission rule requiring public companies to disclose the median pay of workers, as well as the ratio between CEO and median-worker pay.
Part of the 2010 Dodd-Frank financial reform law, the rule will compel public companies to be more open about employee compensation, with the assumption that greater transparency will improve corporate performance and, perhaps, help address one of the major challenges of our time: income inequality.
New power is not only about strategy and tactics, the Harvard Business Review authors say. “The ultimate questions are ethical. The big question is whether new power can genuinely serve the common good and confront society’s most intractable problems.”
That sounds like a call to arms. Or a New Year’s resolution. Old power or new, the goals are the same: to be a force for positive change in the world. Happy 2015!
Thursday, December 11, 2014
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
We ask business and nonprofit leaders how they survive the season.
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Amy will practice in the firm's Business, Real Estate, and Tax practice groups.
While the Bend City Council ultimately upheld the approval which enables OSU-Cascades to move forward with the 10 acre site, it did also thoughtfully consider the nature of its code requirements, resident concerns and OSU-Cascade’s efforts and suggestions and crafted conditions of approval to address potential impacts of the site in the area.