From The (Bend) Bulletin

News
December 13, 2012
Follow News

Other voices: Kitzhaber’s Nike expansion plan good for the state

The issue is jobs. If the Legislature will provide certainty on one particular tax issue, Nike Inc. will commit to expanding in Oregon, spending at least $150 million and creating at least 500 jobs within five years. It’s an easy choice; the Legislature should say yes. Under current Oregon law covering the so-called “single-sales factor,” companies are taxed only on in-state sales. That matters to big companies like Nike or Intel, which sell most of their inventory outside Oregon. Nike wants a commitment that the state will continue that particular tax policy. The agreement would not, however, preclude other tax …

Explore Related Articles

Popular Stories

The News-Review Updated Dec 13, 2012 01:47PM Published Dec 23, 2012 10:28AM Copyright 2012 The News-Review. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.