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

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.┬áDoing 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. Read more on Nike Will Trade You 500 Jobs for Billions of Dollars in Tax Revenue…