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

Fast Food Slows Down

September 2014
Tuesday, August 26, 2014
BY KIM MOORE

The ubiquitous fast-food restaurant may be on the decline.


Read more...

October surprise

News
Sunday, October 12, 2014
roundup-logo-thumb-14BY LINDA BAKER

Cylvia Hayes, tabloid vs. watchdog journalism and the looming threat of a Cascadia earthquake.


Read more...

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

Treehouse CEO Ryan Carson builds a 21st-century trade school.


Read more...

Knight Vision

October 2014
Thursday, September 25, 2014
BY VIVIAN MCINERNY

Travis Knight wants to release a movie a year. Can he pull it off?


Read more...

Semiconductor purgatory

News
Monday, October 06, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Intel's manufacturing way station; Merkley's attack dog; Diamond Foods gets into the innovation business.


Read more...

Two sides of the coin

Contributed Blogs
Monday, August 25, 2014
0825 thumb moneyBY JASON NORRIS | OB GUEST BLOGGER

Ferguson Wellman’s investment views on the economy and capital markets.


Read more...

Measure 91: What Oregon Businesses Need to Know

Contributed Blogs
Wednesday, October 15, 2014
91 thumbBY DIANE BUISMAN

Some common misconceptions employers have about marijuana.


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