Repeatedly, companies have claimed that if they get tax breaks from a state or city, they will stay there, move there, or expand, then have moved out a few years later, often to a low-wage company.
http://thinkprogress.org/economy/2012/12/11/1314721/oregon-governor-wants-special-legislative-session-to-let-nike-write-his-states-tax-law/
By Travis Waldron posted from ThinkProgress Economy on Dec 12, 2012
After Oregon voters passed a referendum ending one corporate tax break — and with unions and education officials calling for the closure of tax loopholes to raise more revenues — one of the state’s biggest and most identifiable companies is calling for more tax certainty. And if it doesn’t get it, it is threatening to move.
Oregon Gov. John Kitzhaber (D) called a special legislative session Tuesday so lawmakers could consider handing Nike, the Oregon-based apparel and athletic shoe company, the “tax certainty” bill it is demanding. In exchange for the legislation, which will allow the governor to enter into agreements that lock-in current tax laws for certain large companies, Nike says it will create 500 jobs in the state, the Oregonian reports:
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