JUST DO IT (UNLESS IT INVOLVES TAXES)  1:23 pm December 11, 2012

Nike Will Trade You 500 Jobs for Billions of Dollars in Tax Revenue

by Kris E. Benson

you're not the boss of us. Nice local economy you have there, Oregon. Wouldn’t want anything to happen to it would you? Good, then you’ll surely trade us billions of dollars in tax revenue, for, say, 500 jobs. Isn’t that a sweet deal? Sure it is, it’s a great deal:

Under pressure from Nike, Governor John Kitzhaber took the extraordinary step Monday of summoning lawmakers for a hurry-up special session to give the giant sportswear company greater tax certainty. Doing so, Kitzhaber said, would spark a big expansion by Nike in Oregon. It’s unclear where the company plans to grow, but construction alone would tally $440 million, he said.

Also too, did you notice the very first sentence in the very first paragraph of this article?

“Under pressure from [corporation], the elected representative of [given group or constituency] summoned a meeting like a fire had been lit under his ass to MAKE SURE he could meet [unstated demands] of [corporation] according to [unspecified] time table to provide [financial incentives] in exchange for [some vague thing corporation hasn't defined or committed to].” Also, “tax certainty” is usually a euphemism for “not paying any taxes,” but you probably already knew that.

Anyway, in exchange for “tax certainty,” Nike thinks that it might — just might — be able to let Oregon hang on to about 500 jobs and spend enough money to maybe create 11,500 other jobs, but they can’t promise anything, so hurry up and create some “tax certainty” for them, OK?

On Monday, Nike committed to spending at least $150 million and creating at least 500 jobs in Oregon — if the Legislature approves a tax-guarantee bill [known as] the “single-sales factor,” in which companies are taxed only on in-state sales

“To me, that’s an easy call,” Kitzhaber said.

To be FAIR, Nike really really needs the money, OK? It’s only ranked 136 on the Fortune 500 list , and FY revenues in 2011 were only up 10%. So clearly they need this tax break more than the people of Oregon need, say, to deal with a decade of projected budget deficits. The people of Oregon will just have to make difficult choices, that’s all, and decide which government services they can do without so that their corporate overlords can operate in an environment of “tax certainty.”

We should try that one day, wouldn’t that be fun? As in, “hello [corporate overlord], we can no longer purchase any of your goods or services because we need wage certainty. Will you call an emergency hurry-up meeting with [elected official] to pass a bill guaranteeing wage certainty? After all, that’s a nice company you have. Wouldn’t want anything to happen to it…would you?”
[OregonLive]

 

Hola wonkerados.

To improve site performance, we did a thing. It could be up to three minutes before your comment appears. DON'T KEEP RETRYING, OKAY?

Also, if you are a new commenter, your comment may never appear. This is probably because we hate you.

{ 105 comments }

nounverb911 December 11, 2012 at 1:24 pm

Nike's HQ should move to China to be closer to it's factories.

OneYieldRegular December 11, 2012 at 1:53 pm

Nothing says "Nike" better than the Nike outlet shop in San Ysidro, California, just across the border from NIke maquiladora in Tijuana.

Redgyal December 11, 2012 at 8:39 pm

Where they can sell them next to the knock offs that they make in the same factory.

hagajim December 11, 2012 at 1:27 pm

Now to be fair there is wage certainty in Oregon…minimum wage. But it does go up every year in line with the CPI. But seriously, this is the kind of shameless sell out shit that usually is the bailiwick of Rethugs. But Nike is indeed the corporate overlord of this fine state.

gullywompr December 11, 2012 at 1:27 pm

Just screw it.

nounverb911 December 11, 2012 at 1:27 pm

So, if Nike can get all the Oregonians to boycott Nike, it wouldn't have to pay local taxes?

hagajim December 11, 2012 at 1:29 pm

If all Oregonians boycott Nike they would pay zero state taxes since only their in-state revenue is taxed.

nounverb911 December 11, 2012 at 1:28 pm

Wonkette should try this with California.

Exhausted66 December 11, 2012 at 7:16 pm

But I live in California, and I buy Wonkette.

hagajim December 11, 2012 at 1:28 pm

Also – they needed the extra cash so the Ducks can have 470 million different uniform combinations.

Lascauxcaveman December 11, 2012 at 1:43 pm

And that creaky old stadium they have needs replacing. It's what, a 2009 model? Sheesh.

Spider-Jerk December 11, 2012 at 1:32 pm

"Hello (state legislature)! Act now and, for the price of denying your state hundreds of millions in tax revenue, maybe get a couple hundred crap jobs! Plus maybe who knows whatever! Maybe!

Act now, before we decide to find some other state dumb enough to trade solvency for some non-living wages!"

cousinitt December 11, 2012 at 1:32 pm

Nike to Oregon: "We've got 500 extra black running shoes and purple shrouds, just soes you noes."

Callyson December 11, 2012 at 1:33 pm

As a runner, may I say…

FUCK YOU, NIKE! YOUR SHOES SUCK!

Seriously, the one time I gave in and got Nike shoes they were a major hassle–damn shoelaces kept getting untied even when I double knotted them and they wore out more quickly than any other brand's shoes.

Now, the running store I go to does not even *carry* Nike's merchandise. I am a customer of theirs for life…

Also: FUCK YOU, NIKE! YOUR SHOES SUCK!

Jennyjen798 December 11, 2012 at 7:08 pm

This a million times! Nike's are the worst, most uncomfortable running shoes ever! The things are basically just brag tags for people with too much money and/or image issues.

Beowoof December 11, 2012 at 1:34 pm

I haven't purchased Nike products in about 24 years now. Where ever possible I buy made in USA New Balance. (The CEO is a Rmoney supporting asshole, but there are Americans working to make the shoes).
I know how important it can be to raise my taxes, on pretty much everything so a huge douche bag such as Phil Knight can continue to make lots of money.

BaldarTFlagass December 11, 2012 at 1:44 pm

I haven't bought Nike products in about 24 years. Or any other sports equipment. Which explains why my belly looks like the guy's belly in hagajim's avatar.

noodlesalad December 11, 2012 at 2:09 pm

+1 for New Balance shout outs. Personally, I sport New Balance sneakers to avoid a narrow path.

BerkeleyBear December 11, 2012 at 4:05 pm

Gotta be careful with NB these days. They are no longer primarily US based for all products – although at least they still make some products here (and have wide sizes).

Beowoof December 11, 2012 at 7:28 pm

I am, you can search for their Made in America shoes and there is a separate page dedicated to those specific shoes. I do that and buy those. I have also hit the NB outlet in Vegas and asked for the Made in America shoes. Clerk said they got a lot of requests for those.

ChillBill December 11, 2012 at 1:34 pm

Is Mitt in the board of directors?

Ryy December 11, 2012 at 3:51 pm

Who?

EatsBabyDingos December 11, 2012 at 1:35 pm

Well, when they relocate the Vietnamese to work in the Oregonian sweatshops, the 500 jobs will pay $1.12 a day, so the state income tax revenue will be at least $42.37 and a half eaten bag of pork rinds. #WHINING!

BerkeleyBear December 11, 2012 at 4:08 pm

You joke, but fucking Intel imports engineering and science students to Portland State from Vietnam so they can then either ship them back or keep them here on H-1B visas, in either event with lower salaries than they'd pay someone who didn't get educated on their dime.

red_kira December 11, 2012 at 1:35 pm

All hail our corporate overlords! I mean, hell – at least they are right up front about it, eh?

CommieLibunatic December 11, 2012 at 3:47 pm

It would be rather refreshing if we just came out and declared ourselves a capitalist society instead of a democratic one. I mean, when I'm not hearing about the Gays or Muslims, it's MONEY MONEY MONEY.

RadioBitchFace December 11, 2012 at 1:35 pm

FREE MARKETS!!1!

freakishlywrong December 11, 2012 at 1:35 pm

When Fascism comes to Ameriduh it will be wrapped in deep fried bacon and carrying a pair of Nike's.

Blueb4sinrise December 11, 2012 at 1:36 pm

Duh! Just tax the employees more.

BaldarTFlagass December 11, 2012 at 1:37 pm

I bet Birkenstock don't pull this kind of shit.

sewollef December 11, 2012 at 2:42 pm

You mean, Birkenstock Orthopädie GmbH & Co. Registered in Vettelschoß, Germany….. in 1774?

You're probably right Baldar, since their site claims all their shoes are made in Germany, and paying German taxes (except for one line made in Portugal).

Jus_Wonderin December 11, 2012 at 1:39 pm

Tax Certainty for corporation is different than Tax Certainty for individuals. We go to jail when we exercise our Tax Certainty.

Buzz Feedback December 11, 2012 at 1:40 pm

Phil Knight is a Lance/Paterno-loving cunt. End of story.

glamourdammerung December 11, 2012 at 2:47 pm

Well, Paterno praised Bush I during the Republican National Convention. And if anyone knows about someone that showing "quiet, dignified confidence", it is Joe Paterno.

freakishlywrong December 11, 2012 at 1:41 pm

OT. You know who else dismantled labor unions?
That's right. The Nazis.

gullywompr December 11, 2012 at 2:07 pm

Boy, you drowned that baby in the bathtub, didn't you?

Negropolis December 12, 2012 at 2:15 am

You know who else killed babies?

Lascauxcaveman December 11, 2012 at 1:41 pm

Sad part is Kitzhaber is one of the good guys.

emmelemm December 11, 2012 at 2:20 pm

Not any more.

CommieLibunatic December 11, 2012 at 3:48 pm

You know how the old Will Rogers quote goes: I'm not a member of a species with a spine, I'm a Democrat.

PopeEdgardo December 11, 2012 at 3:59 pm

Kitzhaber is kind of one of the good guys – kind of – but his track record makes this move unsurprising.

HRH_Maddie December 11, 2012 at 1:41 pm

Oregon, the Alabama of the Pacific West Coast.

proudgrampa December 11, 2012 at 1:42 pm

Pathetic.

BaldarTFlagass December 11, 2012 at 1:43 pm

Nike is the WalMart of athletic footwear.

Baconzgood December 11, 2012 at 1:43 pm

Several years ago I spoke to a graphic designer. He wwas hired my nike when it was a new company. They couldn't pay him his fee for his services so he decided to take payment in a certain way. They agreed to pay him 3 cents on every product that had his wdesign work on it. He was hired to make their logo he called it at the time "a swoosh". Needless to say he's fucking loaded as shit.

VicariousMe December 11, 2012 at 6:01 pm

That graphic designer most definitely lied to you. The story of the swoosh is well documented. It was made by a female graphic student named Carolyn Davidson who was paid $35 for it. Here's the wikipedia entry: http://en.wikipedia.org/wiki/Swoosh

LibrarianX December 11, 2012 at 1:43 pm

Please define: entitlement

PubOption December 11, 2012 at 1:51 pm

1. A scheme into which a worker makes payments, with the hope that he/she will be able to draw from the scheme in time of need.
2. A scheme into which a large company makes no payments, in the knowledge that the government will give money to said company, at the expense of the workers described in definition 1.

LibrarianX December 11, 2012 at 2:17 pm

I would only add: a delusional state of (corporate) being.

upthruster December 11, 2012 at 1:44 pm

I'd give a shit about Nike if they could fucking manage to make shoes the same every fucking time. But since they choose to alter every shoe model every fucking year… I shalt not give a rodents petoot. Let Oregon suffer or go barefoot.

PubOption December 11, 2012 at 1:44 pm

How much does/will Nike kick back to Kitzhaber?

DixvilleCrotch December 11, 2012 at 1:44 pm

OT: how many mouth-panties have we ordered so far? I pray the sales put Wonkette in the black, finally.

proudgrampa December 11, 2012 at 1:57 pm

Are those HAWT or what???

JerkCade December 11, 2012 at 2:02 pm

And sort of on-topic. I mean, those panties are totally made in the US, right?

RIGHT?!?!?

gullywompr December 11, 2012 at 2:08 pm

Puts me in the pink, at least.

Redgyal December 11, 2012 at 8:43 pm

Enough to put 500 people to work.

SorosBot December 11, 2012 at 1:44 pm

Taking hostages is always good for business.

Goonemeritus December 11, 2012 at 1:47 pm

My Ho Chi Minh sandals are so durable, that I no longer buy Nike products.

Tangled sin tax December 11, 2012 at 2:37 pm

I actually bought a pair of those from a mamasan in Ban Me Thuot . Wearing them for a couple of days convinced me the VC were some tough SOBs.

James Michael Curley December 11, 2012 at 3:09 pm

I can't imagine why I just threw mine away when DROS came. They were damn comfortable, water proof, of course, and always fit. Also hard to wear out a steel core tire tread merely by walking.

Tangled sin tax December 11, 2012 at 5:01 pm

The top straps ate some skin off my foot and I got in a snit. If I'd had the patience to develop a callus there I'd have been happy with them.

lefty74 December 11, 2012 at 1:47 pm

The NCAA athletes that wear the NIKE swoosh are paid less than those who manufacture the shit.

PubOption December 11, 2012 at 2:46 pm

Yes, but the athletes seem to find more money under the table.

SorosBot December 11, 2012 at 1:47 pm

It seems Nike has learned from its' sponsorship of the major sports teams, and is doing to Oregon what they do to their host cities when they force the city to pay for their new stadiums while the owner gets the profits.

Lionel[redacted]Esq December 11, 2012 at 1:48 pm

In fairness to Kitzhaber, you cannot have an economy solely based upon beer, wine, medical marijuana and things with birds painted on them.

SayItWithWookies December 11, 2012 at 2:01 pm

Wait — has anyone even tried? We should give this plan a shot before just dismissing it.

emmelemm December 11, 2012 at 2:20 pm

You forgot Tillamook cheese and ice cream.

Lionel[redacted]Esq December 11, 2012 at 2:45 pm

Well, you can build an economy around that. That stuff is addictive.

BerkeleyBear December 11, 2012 at 4:13 pm

Which actually gets shipped out of state for packaging, then sent back here (among other places) and labeled local.

Don't misunderstand, I love some Tillamook, but its reputation as a local company is a little misleading.

oenspiek December 11, 2012 at 2:54 pm

Hey! Fine woollen goods, too! And I know a couple of excellent knifemakers….

mayor_quimby December 12, 2012 at 8:49 pm

I have an awesomely ugly tweed wool coat from out there that is testament to that. So ugly, I get compliments on it, cuz people are just dazzled.
Pendleton Mills made some very cool stuff, somehow I found mine in a consignment shop in ATL.

Negropolis December 12, 2012 at 2:17 am

You forgot homelessness, crushing Portland homelessness.

KennyFuckingPowers December 11, 2012 at 1:49 pm

You won't find my ass wearing that shit.

Antispandex December 11, 2012 at 1:50 pm

So THIS is what a fascist country looks like. Wow, sexy. Not fun, but…sexy.

Spider-Jerk December 11, 2012 at 1:52 pm

I can't help but think that the states wouldn't have to grovel like this if the US had a saner policy regarding the importation of goods made abroad by so-called American companies.

decentcitizen December 11, 2012 at 1:53 pm

If this were a contract, it would be too vague to enforce.

SayItWithWookies December 11, 2012 at 1:56 pm

I'll have to remind myself to be thrilled that I have tax certainty. Death certainty too. And pity those poor corporations that never know where their next tax cut is coming from — it must be hard living from one corporate favor to the next.

Terry December 11, 2012 at 1:58 pm

“Under pressure from [corporation], the elected representative of [given group or constituency] summoned a meeting like a fire had been lit under his ass to MAKE SURE he could meet [unstated demands] of [corporation] according to [unspecified] time table to provide [financial incentives] in exchange for [some vague thing corporation hasn't defined or committed to].”

This is nothing new. Hamtramck used to be a fairly vibrant Polish-American community in the Detroit metro area. GM told the politicians that they needed a site for a new facility with very specific requirements. The only place that filled the bill was Hamtramck, except that Hamtramck was full of pesky houses and people. So…..the politicians got rid of a lot of the people, except that it took time to do so and by then GM said….oh…our requirements have changed. That's not the best spot anymore. A community was destroyed. Yes, there's still a GM plant in Hamtramck, but not the scale promised by GM.

BaldarTFlagass December 11, 2012 at 2:07 pm

It's because the name of the town is so hard to pronounce. GM hates that kind of shit.

DCBloom December 11, 2012 at 2:19 pm

Yeah, we had something similar happen here with Caterpillar. Also, we gave Dell a huge incentive to come here and they ended up laying off most of the jobs they got the incentive for.

emmelemm December 11, 2012 at 2:55 pm

Yeah, we here in Washington bowed to Boeing time and again, and they still moved their corporate HQ to Chicago and a number of their plants to South Carolina (no pesky unions).

fuflans December 11, 2012 at 9:58 pm

did you hear / read Louise Story's NYT corporate welfare piece? it will piss you off"
http://www.nytimes.com/interactive/2012/12/01/us/

Negropolis December 12, 2012 at 2:18 am

Actually, Hamtramck was pretty lucky. Much of the plant is in Detroit, and it's there that the Poletown Plant destroyed most of the Poletown neighborhood. In fact, were it not for the Poletown Plant, Hamtramck would have ended up like Highland Park. Detroit really took that bullet.

kittensdontlie December 11, 2012 at 2:00 pm

Under pressure from Nike

The Oregon legislature was shown Nike's new line of cement shoes.

decentcitizen December 11, 2012 at 2:01 pm

I want a tax abatement based on the possibility that I maybe might do something somehow vaguely beneficial to the local economy.

Monsieur_Grumpe December 11, 2012 at 2:02 pm

I just don’t understand capitalism. This is capitalism… right?

oenspiek December 11, 2012 at 2:57 pm

This sort of thing is capitalism when it benefits large corporations. If it were to benefit the people, that would be socialism.

Guppy December 11, 2012 at 2:04 pm

Of those 500 Nike jobs, how many are lobbyists and how many are lesbian bondage strippers?

HRH_Maddie December 11, 2012 at 2:04 pm

Can't remember where I heard it but: "Today is Bring Your Child to Work Day, or as Nike calls it, Thursday."

ttommyunger December 11, 2012 at 2:05 pm

Pay at the cash register, subsidize them again when you pay your local taxes. Sounds fair, after all they're a non-profit, right?

Schmannnity December 11, 2012 at 2:07 pm

Who is the Paul Ryan taker and maker in this scenario?

Blueb4sinrise December 11, 2012 at 2:10 pm

Hey, if you buy the panties and wear them outside-in, then………….way, no. never mind.

HarryButtle December 11, 2012 at 2:19 pm

This post deleted by Nike.

James Michael Curley December 11, 2012 at 3:14 pm

Swoosh! All gone!

TootsStansbury December 11, 2012 at 2:22 pm

Fascism swooshes in
On little wingtips

It sits and
Devours its hapless prey
And then it moves on

GoodDogThor December 11, 2012 at 2:27 pm

Of course they need the money. You can only sell so many $500 pairs of Air-Brons.

mrpuma2u December 11, 2012 at 2:42 pm

Motorola pulled the same shit in IL before they sold off their mobile division (sweet no state tax deal included, natch) to Google.

carlgt1 December 11, 2012 at 3:51 pm

it's something I've noticed with "job creators" — it costs us all at least a million bucks for every low-paying job of $20K or so they create.

bikerlaureate December 11, 2012 at 4:01 pm

Kris – you hit this one out of the park.

PopeEdgardo December 11, 2012 at 4:04 pm

“To me, that’s an easy call,” Kitzhaber said, "seeing as how they have a gun to my head and I'm standing here with nothing but my dick in my hand and Nike could turn this state into Mississippi Jr. if it pulled out."

dadanarchistmk2 December 11, 2012 at 4:22 pm

Kitzhaber said Nike officials approached him more that a month ago to discuss the company's expansion plans. Kitzhaber said they told him that Nike was being "heavily courted" by other states but wanted to stay in Oregon.

This is a wonderful argument against our stupid state's rights-based political "system" (we need one single federal tax policy to stop this sort of bullshit) as well as a good argument in favor of teh soshulism.

dennis1943 December 11, 2012 at 6:14 pm

New Oregon Mission Statement ::Make Nike Happy….at any cost….!

valthemus December 11, 2012 at 7:01 pm

Silly hippies! Don't you know that as long as the *right* people are making oodles and gobs of filthy lucre by strong-arming politicians it's all good? At least that's what Professor Soprano taught us at the Corleone School of Drive-by Business.

Designer_Rants December 11, 2012 at 7:58 pm

Nike = Shakedown Thugs

BZ1 December 11, 2012 at 10:47 pm

Nike currently pays 1.7% in taxes, and wants to keep that rate, ergo tax certainty, not corporate welfare, at all

Comments on this entry are closed.

Previous post:

Next post: