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Kitzhaber said Nike approached the state saying they want to expand operations in Oregon,
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The governor said Nike is being courted by other states and that he is acting with a sense of urgency to give Nike the assurances they need to stay here,
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do not make this extraordinary decision lightly,
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Kitzhaber is proposing a system where businesses who want to make significant investments in Oregon could negotiate with the state to ensure the current tax structure stays in place for a set amount of time,
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In order to make any deal,
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Kitzhaber argues that the plan is not a tax break,
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The special session will be held on Friday,
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are being courted by a number of other states but they have said if we can provide them with certainty in their investment they will sign on the dotted line now,
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Kitzhaber said the Nike expansion will create 12,
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Nike has not provided specifics about their expansion and would only confirm it would add at least the minimum 500 jobs required under the plan,
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Construction related to the expansion will also create 440 new jobs,
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is a global company with a long history in Oregon. We support this proposed legislation as a way to help us continue to grow in Oregon,
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is a huge win for the state of Oregon,
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After the announcement,
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"In the campaigns every one of us said we have to create jobs. Everybody wants us to do something about jobs. The truth is that most of the time,
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House Co Speaker Bruce Hanna,
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"The legislation we will move during the special session is a simple way to create enormous long term benefit for our state,
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State Senator Mark Hass,
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"Nike wants to make a long term commitment to Oregon. We should make a long term commitment to Nike,
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Some economists worry about proposal
The governor argues that this deal would help Oregon’s economy,
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Under the proposal outlined by Kitzhaber on Monday,
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Tigard based economist Bill Conerly argues that it’s bad policy to set up a subjective system like that,
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"I’m looking forward to Nike expanding; that’s a positive. But I don’t think we should make special deals,
Nike Free Run 4.0 V2 oscuro obsidiana Plata Soar Azul Nueva Colección Está Disponible," Conerly said. "I don’t think the governor should be allowed to make special deals with some companies while leaving others behind."
It’s not clear exactly how much Nike would stand to benefit from this deal. While they have to release total income tax liability in Securities and Exchange Commission filings,
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Some economists we spoke with also noted that the 12,
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"It’s not a game changer,
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Nike employs 44,
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