Chicago Mayor Tries to Poach Oregon Companies because of Measure 66

What does rest of the nation know that 54 percent of Oregonians don't? That businesses and individual employers have options... and will choose to locate where public policies (including tax policies) stimulate innovation and growth.

The results of Oregon Ballot Measures 66 and 67 have left many of our nation's leaders shaking their heads in disbelief. Now that amazement has turned into economic opportunism. Richard M. Daley, Democrat and Mayor of Chicago sees Oregon's tax misstep as a real and immediate opportunity for his city. Here's an excerpt from a Chicago Sun-Times article entitled "Daley wants to raid Pacific Northwest Talent"Chicago Mayor Daley said Thursday he’s coming after businesses in the Pacific Northwest, emboldened by what he considers Oregon’s head-scratching decision to approve higher taxes on big corporations and big wage-earners.

“What happened in Oregon is not good news for Oregon. They believe that anybody who makes $125,000 or more [annually] or businesses or anyone who makes $250,000 — they’re gonna start taxing them. They call them ‘rich people,’ ” the mayor said.

“I’ve always thought America stands for [rewarding success]. You finish high school. You work hard, go to college and you hope to succeed in life. I never knew it’s a class war—that those who succeed in life are the ones that have to bear all the burden. I never realized that. It will be a whole change in America that those who succeed and work hard [that] we’re gonna tax ‘em more than anyone else.”

Daley said Oregon’s tax blunder spells opportunity for Chicago.

“It will help our economic development immediately. You’d better believe it. We’ll be out in Oregon enticing corporations to relocate to Chicago. I’ll be very frank. I make no bones about that. If those states want to do that, so be it,” he said.






http://thinkoregon.squarespace.com/...ns-tax-missteps-turn-into-chicagos-gains.html

 

You know which company the mayor is going after . . . the only fortune 500 company left in Oregon whose leader vigorously fought the public employee union to try and have the measure defeated. The company that sits in a city wehre the mayor has a press conference to rebut what the mayor of chicago said . . . . . . Nike.

Some say it is inevitable that Nike leaves and the only thing keeping the company here is Phil's ties to the Ducks. Let's hope Phil is a sentimental one, because Nike and Chicago . . . I don't even want to think about it.

 

so you're saying he's helping our hotel industry?

 

Thanks everyone who voted yes on this.

 

C'mon. It's ridiculous to think that Chicago could ever poach the headquarters of a company based in the Northwest...just ask Seattle.

Remember, it was only fair businesses and the "rich" pay "just a little bit more". It looks like they'll be paying just a little bit more on the Magnificent Mile.

 

repped.

Nike belongs in Chicago.

Phil Knight is a morally bankrupt, child-enslaving leech who has never paid his way in Oregon through taxes or employment opportunities.

He should be in prison, but I'd settle for Chicago.

 

You're welcome.

 

“What happened in Oregon is not good news for Oregon. They believe that anybody who makes $125,000 or more [annually] or businesses or anyone who makes $250,000 — they’re gonna start taxing them. They call them ‘rich people,’ ” the mayor said.”

Somebody is a little out of touch with the people he was elected to serve. I guarantee over 90% of Chicagoans call them "rich people" also.

 

I wonder how many Nike employees have purchased second homes in Beautiful Central Oregon?

 

In the Chicagoland area, $125K doesn't get you very far.

 

Actually, it does. Real estate is pretty comparable to Portland, at least in downtown chicago. The suburbs are fucking hell. chicago lacks creative talent required for a company like Nike or Wieden/Kennedy.

 

I wonder how many people who voted yes really thought through just how many jobs would be lost.

 

And how many years did you spend living in Chicago?

 

15.

 

No one. Someone else pays. We're all getting stuff for free!

 

seriously though, condo prices in downtown chicago weren't too bad. things were cheapish. suburbs are really really cheap. I just have a lot of family there.

i don't dig the city all that much, portland is so much better.

 

Where? I lived in Hyde Park, Lincoln Park and Rogers Park. Seriously, my buddy just bought a place Lakeview in a six-flat in the rear, two bedrooms, $887,400. The equivalent location and type of condo would cost $200K in Portland.

 

Where? Streeterville? Gold Coast? Old Town? West Loop? All those neighborhoods are crazy expensive for anyone who doesn't live in NY, DC, Boston, San Francisco or LA. Fuck, even Cabrini Green is expensive nowadays.

 

It's always an easy train of thought to demand that the rich pay more, and big companies pay more. I'm all for that happening voluntarily and humans helping each other out. I just don't see how people could vote yes on this though. The economy is still bad, jobs are hard to come by, and companies don't want to take hits to their bottom line. What did people think was going to happen? That they were going to smile and take the hits while other states laid out good offers to them?

I guess if this goal was to get people in other states jobs it's going to work out well. I'd personally rather that more people in Oregon stay employed and companies continue on their old taxes than Oregon's unemployment rate raise even further.

So unfortunate.

 

Hold on, I'm googling neighborhoods.

I never lived there, but my aunt/uncle here bought a condo there for like 500k, it was really nice and i thought it was pretty good for the money (it was just outside of Hyde Park in one of those highrises).

Cousin lives somewhere on Racine (yeah, its a long street) and got a pretty nice condo for under 300k...newer building too....

just seemed like some good values there.