Home Must Reads Legislature meets to consider Nike tax bill

Legislature meets to consider Nike tax bill

| Print |  Email
Must Reads
Friday, December 14, 2012

Legislators are gathered to consider a bill providing tax certainty to Nike, which could have as many as 69 amendments.

It would allow the governor and the director of the Department of Revenue to sign a contract with any company planning to make a $150 million, five-year investment with a net employment of 500 full-time jobs. The contract could last from five to 40 years.

Debate over the proposal intensified Thursday at a public hearing of the newly formed economic development special committee. The testimony, at times critical, clouded what was first seen as a slam-dunk win for the sportswear company and Gov. John Kitzhaber.

Read more.

{biztweet}nike tax{/biztweet}

 

Comments   

 
Guest
0 #1 Nike washingsGuest 2012-12-15 16:43:50
The precedent involved in the so called Nike bill changes the basic principles of freedom required by the constitutions of both state and federal laws.
Nike nor anyone else should get treated special and the level of business or employes is not what keeps Oregon going. It is simply the sum of the parts not a bigger slice of the pie that makes up the economy of Oregon and our country.
IF Nike doesn't care about being in Oregon after all the decades of loyal workers and on of the greatest places in the planet to work from then its time for Nike and its employees and stockholders to JUST SHOW US who they really are. The Governor ENABLING Nike in this certain way shows he is weak when we need a strong leader to build more revenue not give it away in a game of don't make me leave Nike washings tactics that are becoming the crying towel of the mega brand globally.
You need balls to play most sports and this game deserves a better serve from our Governor.
Quote | Report to administrator
 

More Articles

Shifting Ground

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE

Bans on genetically modified crops create uncertainty for farmers.


Read more...

The 100 Best Companies survey is open

News
Friday, October 24, 2014

100-best-logo-2015 500pxw-1How does your workplace stack up against competitors? How can you improve workplace practices to help recruit and retain employees? Find out by taking our 100 Best Companies to Work for in Oregon survey!


Read more...

Kill the Meeting

November/December 2014
Wednesday, October 22, 2014
BY AMY MILSHTEIN

Meetings get a bad rap. A few local companies make them count.


Read more...

A Complex Portrait: Immigration, Jobs and the Economy

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE & KIM MOORE

Oregon Business reports on the visa squeeze, the skills gap and foreign-born residents who are revitalizing rural Oregon.


Read more...

Fly Zone

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE

The black soldier fly’s larvae are among the most ravenous and least picky eaters on earth.


Read more...

100 Best Nonprofits to Work for in Oregon [VIDEO]

News
Thursday, October 02, 2014

Screen shot 2014-10-02 at 11.17.21 AMMore than 5,500 employees from 180 organizations throughout the state participated in the 100 Best Nonprofits to Work for in Oregon project.


Read more...

Healthcare Perspective

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

A conversation with Majd El-Azma, president and CEO of LifeWise Health Plan of Oregon, followed by the Healthcare Powerlist.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS