Nike's New Deal - 47 ABC - Delmarva's Choice

Nike's New Deal

Posted: Updated:

SALEM, Ore. (AP) - Oregon's Legislature has approved a tax deal requested by Nike Inc.
    
The House and Senate voted Friday to allow the governor to promise the world's largest athletic shoe company that its tax structure won't change if it hires hundreds of new workers in Oregon.
    
Gov. John Kitzhaber called for emergency legislation to prevent Beaverton-based Nike from making a major expansion in another state.
    
Critics questioned the timing and purpose of the legislation.
    
The governor wants to freeze the current method for calculating the Oregon tax bill for Nike or any other company that agrees to invest $150 million and create at least 500 new jobs.
  

  • ContestsMore>>

  • Spring Gas Giveaway

    Spring Gas Giveaway

    Let WMDT fill up your tank! It's time for our Spring Gas Giveaway! More >>
    Enter for your chance to win a $100 Exxon/Mobil Gas Card!More >>
  • Teacher Who Makes A Difference

    Teacher Who Makes A Difference

    The WMDT 47 Teachers Who Make a Difference Contest is Sponsored by Accurate Optical: "Encouraging children of all ages to come in for an annual eye exam to help them see better in school." Each month weMore >>
    The WMDT 47 "Teachers Who Make a Difference" Sponsored by Accurate Optical Encouraging children of all ages to come in for an annual eye exam to help them see better in school.More >>
Powered by WorldNow
Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and WMDT. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.