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}



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

The 2014 100 Best Companies to Work for in Oregon

Friday, February 28, 2014

100best14logo ThumbnailThe 21st annual 100 Best Companies to Work For in Oregon list was announced Thursday night at an awards dinner at the Oregon Convention Center.


Green your workplace

Thursday, April 03, 2014
100Green14logo200oxBY OB STAFF

Learn how to green your workplace and lower your environmental footprint at the office. Oregon Business presents a two-hour "Greening Your Workplace" seminar on May 28th, 2014 at the Nines Hotel in Portland.


From the Editor: The human factor

March 2014
Tuesday, February 25, 2014

In this issue, we celebrate our 21st annual 100 Best Companies to Work For in Oregon project.


How to handle the unexpected

Contributed Blogs
Friday, March 28, 2014
03.28.14 thumb disasterBY TOM COX | OB BLOGGER

The next mysterious (or disastrous) event could be one that you or your team might suddenly need to respond to, probably under intense scrutiny.


Are millennials reshaping politics in the Pacific Northwest?

Wednesday, April 02, 2014

MillennialsThumbA new report explores the impact of millennials on Oregon's business and political climate.


What I'm reading: Brad Smith & Travis Boersma

March 2014
Tuesday, February 25, 2014

Brad Smith, founder of Hot Pepper Studios, and Travis Boersma, president of Dutch Bros. Coffee, share their recent reads.


Banishing oil burners reaps benefits for schools

Tuesday, April 01, 2014
04.02.14 thumb co2schoolsBY APRIL STREETER | OB CONTRIBUTOR

Three years ago, PPS set out to begin to convert the 1930s-era boilers from diesel/bunker fuel to cleaner-burning natural gas. Oregon’s largest school district has realized impressive carbon dioxide emissions reductions, setting an example for public and private institutions.

Oregon Business magazinetitle-sponsored-links-02