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Trump Kills Oregon

AEB
AEB Member Posts: 3,023
If Trump passes corporate tax reform lowering the statutory rate to 20% but also applying it to imports, the Ducks run will be in danger. Nike will be hit by hard by the increased tax as 94% of their shoes are manufactured by Chinese, pakis, Vietnamese, thais, etc, and imported to the US. NKE is not pricing this in. One unnamed booster stands to be hurt by this. Gifts to Oregon will decline. Book it.
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Comments

  • AEB
    AEB Member Posts: 3,023

    AEB said:

    If Trump passes corporate tax reform lowering the statutory rate to 20% but also applying it to imports, the Ducks run will be in danger. Nike will be hit by hard by the increased tax as 94% of their shoes are manufactured by Chinese, pakis, Vietnamese, thais, etc, and imported to the US. NKE is not pricing this in. One unnamed booster stands to be hurt by this. Gifts to Oregon will decline. Book it.

    i saw that and read it as "statutory rape" because it's an Oregon thread.
    Valid interpretation
  • Quietcowskee
    Quietcowskee Member Posts: 4,414 Standard Supporter
    What do the neo nazis say about this?


    Staff??
  • RaccoonHarry
    RaccoonHarry Member Posts: 2,161
    AEB said:

    If Trump passes corporate tax reform lowering the statutory rate to 20% but also applying it to imports, the Ducks run will be in danger. Nike will be hit by hard by the increased tax as 94% of their shoes are manufactured by Chinese, pakis, Vietnamese, thais, etc, and imported to the US. NKE is not pricing this in. One unnamed booster stands to be hurt by this. Gifts to Oregon will decline. Book it.

    Knight is worth $25 billion. His generosity to his beloved Ducks will not be affected in the slightest by whatever tax reforms come along. Book it.

  • AEB
    AEB Member Posts: 3,023
    I understand his wealth is diversified. I get it. Still, if the stock goes down, his willingness to piss money away on the Willie Taggarts of the world will dissipate.
  • MikeSeaver
    MikeSeaver Member Posts: 5,800
    You sound nervous

  • TommySQC
    TommySQC Member Posts: 5,813
    doogie said:

    Knights wealth is largely outside of Nike via his well diversified foundation. Foundations are the ultimate tax dodge by ALL of the uber wealthy when they want to sell their stock.

    Put another way, if Nike goes to zero, Knight Foundation remains a multi-billion dollar organization.

    Look for Nike, like every other manufacturer, to announce a billion dollar domestic manufacturing facility soon, probably in Oregon where unskilled labor is cheap and plentiful.

    Out in Burns?