John Kitzhaber: Says the Nike bill "is not a tax break ... this does not lower the taxes that Nike will pay nor does it prevent the Legislature from raising those taxes in the future."

PolitiFact Oregon:

The Truth-o-Meter says: Mostly True | Does the new Nike bill qualify as a tax break?

The term single sales factor doesn’t come up often in everyday conversation -- not unless you’re Gov. John Kitzhaber or the tax folks over at Nike. So, as the governor was testifying on a bill that would allow him to guarantee Nike up to three decades of a single sales tax factor, he tried to be very clear about what it represented. "This is not a tax break," he said during a committee meeting. "This does not lower the taxes that Nike will pay nor does it prevent the Legislature from raising those taxes in the ... >> More

Read the full article here. Discuss below.

connect with blueoregon