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

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

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


Read more...

Buyer's Remorse

September 2014
Tuesday, August 26, 2014

Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.


Read more...

Podcast: Interview with Steve Balzac

Contributed Blogs
Tuesday, August 19, 2014

082014BalzacBY TOM COX | OB BLOGGER

Tom Cox interviews Steve Balzac, author of "Organizational Psychology for Managers."


Read more...

Poll Wrap-Up

News
Friday, August 15, 2014

2014 NewPoll-report-newsletterthumbIn this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.


Read more...

Gender Code

September 2014
Tuesday, August 26, 2014
BY COURTNEY SHERWOOD

Janice Levenhagen-Seeley reprograms tech.


Read more...

A Good Leap Forward

September 2014
Wednesday, August 27, 2014
BY AMY MILSHTEIN

Agriculture businesses ramp up to meet international demand as workforce and succession challenges loom.


Read more...

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


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