Dallas commissioners hesitate over tax incentives to get 500 Nike jobs

Norge Nyheter Nyheter

Dallas commissioners hesitate over tax incentives to get 500 Nike jobs
Norge Siste Nytt,Norge Overskrifter
  • 📰 dallasnews
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 71%

Dallas County commissioners are hesitant to give Nike’s potential distribution center a 50% tax break after some of them challenged the company on its...

Diversity concerns in Nike have put a pause on Dallas County’s tax break approval for a distribution center that would add $60 million to the county tax base.

The proposal would give Nike and its landlord, LPC Southport, a 10-year, 50% tax exemption, costing the county more than $68,000 a year in tax revenue. In Nike’s most recent report on 2021 employee data and goals, women held 43% of leadership positions, and racial and ethnic minorities held just over 30% of positions as directors and higher.

Tax reductions can be granted by a government for a wide range of reasons, including the promise of increased housing production or created jobs and the long-term impact to the tax base. He said there is a lot of work to be done before commissioners can justify to taxpayers a Nike tax break. “In recent years, we have made some structural and organizational changes to help facilitate the work,” she said. “So we’ve elevated our [diversity, equity and inclusion] team to sit at the heart of Nike’s people and culture strategy.”

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

dallasnews /  🏆 18. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Meow Wolf hires former Disney, Universal project lead Eric Piner - Dallas Business JournalMeow Wolf hires former Disney, Universal project lead Eric Piner - Dallas Business JournalWith 34 years of design and construction management experience, Meow Wolf's new VP spent a good chunk of his career working for Walt Disney World and Universal on its theme parks.
Les mer »

BNSF chief legal counsel Roger Nober to retire at end of year - Dallas Business JournalBNSF chief legal counsel Roger Nober to retire at end of year - Dallas Business JournalDuring his prolific career, Roger Nober also previously served as a chairman of the Surface Transportation Board, the regulatory body that oversees railroads.
Les mer »

CBRE sells Left Bank retail center in Fort Worth - Dallas Business JournalCBRE sells Left Bank retail center in Fort Worth - Dallas Business JournalThe 114,120 square foot retail center, developed by Dallas-based Centergy Retail, LLC, was purchased by an institutional investor for an undisclosed price.
Les mer »

14-Year-Old Shot, Wounded Inside Vehicle in Dallas14-Year-Old Shot, Wounded Inside Vehicle in DallasA 14-year-old boy was shot and wounded early Saturday morning in Dallas, and a police investigation is underway, authorities say.
Les mer »

Fatal Hit-And-Run in Dallas, Man Struck by Two VehicleFatal Hit-And-Run in Dallas, Man Struck by Two VehicleA man is dead following a hit-and-run in Dallas early Saturday morning just after 1:00 a.m., authorities say.
Les mer »



Render Time: 2025-04-05 20:57:27