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Tax Credits

 

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Friday, March 31, 2017
After $2B in Tax Credits, High Tech Scammers Pay Only $27M in Taxes
By News Release @ 6:35 PM :: 3532 Views :: Hawaii Statistics, Tax Credits, Taxes

After burning $2B, the state received a pathetic $27.1 million in taxes from 150 companies tied to the High Technology Development Corporation....

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Thursday, February 09, 2017
HTDC Gives Away $9.8M of Your Tax Dollars to Six Tech Companies
By News Release @ 11:26 PM :: 3237 Views :: Ethics, Tax Credits

... $1.6M state tax dollars and $8.2M federal tax dollars given away, not loaned ....

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Tuesday, January 31, 2017
BLNR Approves Big Island Carbon Credit Scam
By News Release @ 2:52 PM :: 3248 Views :: Environment, Tax Credits

...Growing Trees will Provide Opportunity for Purchase of Credits....

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Tuesday, December 27, 2016
Tax Credits: Cronies and Phonies Rake in Millions
By Andrew Walden @ 3:52 PM :: 3506 Views :: Ethics, Tax Credits

The Act 221 High-Tech Tax Credit Scam, abolished in 2010, still cost Hawaii $38.4M four years later....

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Tuesday, November 22, 2016
Hawaii Motion Picture Tax Credits? DoTax Making it up as they go Along
By Hawaii State Auditor @ 11:22 PM :: 3237 Views :: Tax Credits

...THE FILM TAX CREDIT is set to sunset at the end of 2018....

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Tuesday, October 25, 2016
Hawaii Obamacare Premiums Going Up 32% for 2017—Unless You Get a Tax Credit
By Selected News Articles @ 3:53 PM :: 3371 Views :: Health Care, Tax Credits

Health insurance premiums on the Affordable Care Act’s marketplaces (also called exchanges) are expected to increase faster in 2017 than in previous years....

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Sunday, October 23, 2016
What Californians Found Out about Hollywood Credits
By Tom Yamachika @ 5:01 AM :: 2703 Views :: Tax Credits

...the tax credit program boosted California’s economy only minimally, if at all....

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Friday, October 21, 2016
Hawaii Proves Solar Power’s Dependence on Subsidies
By Selected News Articles @ 10:51 PM :: 3403 Views :: Energy, Tax Credits

After Hawaii’s lucrative net metering program ended last October, the solar industry in the state lost about 450 jobs. Total employment now is just above 600....

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Tuesday, September 06, 2016
Could you use an extra $500K? Can You Pretend to be a High-Tech Entrepreneur?
By News Release @ 11:16 PM :: 3274 Views :: Tax Credits

... We will give you $3K to write a grant for $70K you can use to scoop the $500K....

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Tuesday, August 23, 2016
Calling All Cronies: UH Has $50K to Give You
By News Release @ 6:53 PM :: 3388 Views :: Higher Education, Tax Credits

Do you have acting skills? Can you pretend to be a Tech Entrepreneur?  UH has some money to give you....

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Saturday, July 30, 2016
High Tech Corporate Welfare: State Gives Away Another $3.2M of Your Tax Dollars
By News Release @ 3:23 AM :: 2273 Views :: Tax Credits

$3,273,533 in funding from two grant programs to 13 Hawaii companies to help support development of new products....

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Sunday, July 10, 2016
Organic Food Tax Credit wins ‘Rusty Scalpel’ Award
By News Release @ 11:09 AM :: 3738 Views :: Ethics, Agriculture, Tax Credits

"...The content of the CD1 stunned us; it was passed without a single public hearing.  There clearly was no justification....”

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Sunday, July 10, 2016
Full Text: Lawsuit Accuses Movie Mogul of Pressuring Maui Mayor to Fire Film Commissioner
By Selected News Articles @ 12:42 AM :: 3109 Views :: Maui County, Tax Credits

"...the specs of the stages aren’t enough to shoot a porn...."

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Friday, July 08, 2016
Does the Film Industry Need Taxpayer Subsidies?
By Grassroot Institute @ 3:36 PM :: 2542 Views :: Tax Credits
“A lot of the time, they’re simply checks.”
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Thursday, June 30, 2016
Hawaii Hi Tech Darling Mbloom Collapses After Feds Arrest ‘Porn King’ in $60M Indian Tribe Ripoff
By Andrew Walden @ 2:25 AM :: 10314 Views :: Democratic Party, Ethics, Tax Credits

And the 'fortunate sons' of John F Kerry and Joe Biden are involved, too....

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Tuesday, June 21, 2016
Education Savings Accounts: A New Way Forward
By Grassroot Institute @ 3:27 AM :: 2996 Views :: Education K-12, Tax Credits

Taxpayers in Hawaii spend about $1.8 billion on education every year....

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Saturday, June 04, 2016
Hawaii Taxpayer-Funded Hi Tech Future: Cookies? Chopsticks?
By News Release @ 6:21 PM :: 2790 Views :: Higher Education, Tax Credits

"specialty crafted gourmet cookies made on Maui"

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Friday, May 20, 2016
Bankruptcy for Code Rebel: Yet Another Hawaii High Tech Tax Credit Implosion
By Andrew Walden @ 2:22 AM :: 6425 Views :: Tax Credits

... How many high-tech tax credit scams must we suffer before legislators and the governor shut off the flow of taxpayer dollars? ....

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Sunday, April 24, 2016
Organically Growing Tax Credits
By Tom Yamachika @ 5:01 AM :: 3649 Views :: Agriculture, Tax Credits, GMOs

Renewable fuel proponents took another shot this year at enacting a renewable fuels credit....

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Tuesday, April 19, 2016
The Fuzzy Accounting Behind Renewable Energy’s Falling Prices
By Grassroot Institute @ 9:29 PM :: 3042 Views :: Energy, Tax Credits

...most of those “savings” are coming from taxpayers pockets....

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Friday, April 15, 2016
Does the EITC Reduce Savings Among the Poor?
By NCPA @ 7:00 PM :: 2385 Views :: Tax Credits

Few policies have enjoyed as much bipartisan support as the EITC....

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Friday, April 15, 2016
Government Spending Transparency: Hawaii Ranks 45th
By News Release @ 6:32 PM :: 3018 Views :: Ethics, Hawaii Statistics, Tax Credits

...Hawaii fails to provide any information at all on recipients of key subsidy programs....

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Thursday, April 14, 2016
Appleseed: Hawaii’s Poor Need a Tax Cut
By News Release @ 2:25 PM :: 3855 Views :: Hawaii Statistics, Tax Credits, Taxes, Cost of Living
“The State of Poverty in Hawai‘i: How Hawai‘i’s Residents Are Faring Post-Recovery.”
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Tuesday, March 29, 2016
Half of Hawai’i Residents Struggling “Paycheck to Paycheck”
By News Release @ 3:38 PM :: 3028 Views :: Tax Credits, Cost of Living

The poll results also show that Hawaiʻi residents are highly concerned about the state’s high cost of housing....

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Thursday, February 25, 2016
UHERO Tries to Make Hi-Tech Tax Credits Look Good
By UHERO @ 3:01 AM :: 2591 Views :: Tax Credits

"...innovation-oriented projects that improve the living standards of Hawaii residents...." LOL!

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Friday, February 19, 2016
Which Places Benefit Most from State and Local Tax Deductions?
By Selected News Articles @ 5:37 PM :: 2853 Views :: Hawaii Statistics, Tax Credits
...Honolulu: $2,656 – Hawaii Co: $2,018 – Maui: $2,373 – Kauai: $2,278....
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Wednesday, December 30, 2015
Hawaii’s Expensive Green Energy Program Saves No Energy
By Selected News Articles @ 3:48 AM :: 3821 Views :: Energy, Tax Credits, Taxes

Hawaii's Green Energy Market Securitization program (GEMS) financed with $145 million in bonds....

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Sunday, December 20, 2015
GEMS: Gets Everyone’s Money Swiftly
By Tom Yamachika @ 4:01 AM :: 3923 Views :: Energy, Tax Credits, Taxes

...our government has forced our utilities to jack up our electric bills to pay for this financing program that, to date, has not been able to underwrite a single kilowatt....

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Thursday, December 10, 2015
Sugar Subsidies to be Cut in Budget Bill?
By Americans for Tax Reform @ 2:42 PM :: 3570 Views :: Agriculture, Tax Credits

Rep. Pitts is building momentum within Congress to reform this archaic depression-era corporate welfare package....

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Friday, November 06, 2015
Which Counties Benefit Most From Earned Income Tax Credit?
By Selected News Articles @ 10:10 PM :: 3141 Views :: Hawaii Statistics, Tax Credits

The map shows the average amount of EITC taken per tax return in every county in America....

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Wednesday, October 21, 2015
Relativity Media Issues Statement on Behalf of Maui Mayor Alan Arakawa
By News Release @ 2:06 PM :: 3017 Views :: Maui County, Tax Credits

No.  This is not satire....

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Sunday, October 18, 2015
Taxpayers Also on the Hook for VW Diesel Dupe
By Tom Yamachika @ 5:01 AM :: 2996 Views :: Environment, Tax Credits

...the Energy Policy Act of 2005 extended an existing green vehicle tax credit to the new breed of diesels....

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Thursday, September 24, 2015
Kiplinger: Hawaii 4th Least Tax Friendly State
By News Release @ 4:39 AM :: 3298 Views :: Hawaii Statistics, Tax Credits, Taxes

The Aloha State, one of Kiplinger's top ten least tax-friendly states, is known for its high cost of living....

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Sunday, September 20, 2015
Can We Save the EITC by Making the Form Tougher?
By Tom Yamachika @ 5:01 AM :: 2172 Views :: Tax Credits

...an "error rate," meaning payouts to people not legally entitled to them, in excess of 20% for the last ten years....

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Sunday, September 13, 2015
Tax Credits: Heads They Win, Tails You Lose
By Tom Yamachika @ 5:01 AM :: 2379 Views :: Tax Credits

...weeping, gnashing of teeth, and litigation....

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Friday, September 04, 2015
Auditor: DoTax allows $2B in Tax Credits Without Checking
By Hawaii State Auditor @ 6:55 PM :: 3951 Views :: Energy, Tax Credits

...in 2012, we reported that the State had issued and was responsible for reimbursing nearly $1 billion in tax credits; however, approximately three years later, we found that this obligation has nearly doubled, to almost $2 billion....

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Sunday, August 30, 2015
Manufacturing a (Tax) Problem
By Grassroot Institute @ 9:55 PM :: 3924 Views :: Hawaii Statistics, Small Business, Tax Credits, Taxes

Hawaii's tax structure is 2nd-worst in the US for labor-intensive manufacturing....

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Wednesday, August 26, 2015
Hawaii: Tech Still Receiving Massive Business Tax Subsidies
By Selected News Articles @ 3:29 PM :: 4022 Views :: Hawaii Statistics, Small Business, Tax Credits, Taxes

Excepting heavily incentivized research and development (R&D) operations, mature firms generally experience above-average tax costs in Hawaii....

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Sunday, August 16, 2015
Penny for Your Thoughts? No? How About 50 Million Then?
By Tom Yamachika @ 5:01 AM :: 3158 Views :: Environment, Tax Credits
Is that how we steward taxpayers’ hard-earned dollars?
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Sunday, August 09, 2015
Relativity Media: E + mc = 0
By Tom Yamachika @ 5:01 AM :: 2876 Views :: Tax Credits

You may remember Relativity Media from its efforts at the Hawaii Legislature in 2011 and 2012....

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Thursday, July 30, 2015
Hawaii Dodges $500M Bullet as Billionaire Movie Mogul Declares Bankruptcy
By Andrew Walden @ 11:51 PM :: 6068 Views :: Tax Credits

The primary mover behind Relativity's failed "Accelerator Package"--Senate Ways and Means Chair David Ige....

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Tuesday, July 14, 2015
It's time to end net energy metering
By Selected News Articles @ 3:59 AM :: 3909 Views :: Energy, Tax Credits

...the threat of losing NEM has led some in the PV industry down the path of hyperbole, exaggeration and self-interested fear-mongering....

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Monday, July 13, 2015
Sandwich Isles Communications: Political Connections Pay Off
By Andrew Walden @ 11:37 PM :: 28524 Views :: Akaka Bill, Democratic Party, DHHL, Ethics, OHA, Politicians, Tax Credits

originally published May, 2005, reprinted in honor of Al Hee being found guilty on all counts....

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Monday, July 13, 2015
Tax fairness bill signed into law
By News Release @ 7:32 PM :: 3815 Views :: Tax Credits, Taxes, Cost of Living

On July 9, Governor Ige signed Senate Bill 555, which will increase the food/excise tax credit for the first time in nearly a decade....

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Sunday, July 12, 2015
Clean Energy Equals $418M Tax Hike?
By Tom Yamachika @ 5:01 AM :: 4363 Views :: Energy, Tax Credits, Taxes
Our government is supposed to be studying how to produce clean energy, not how to milk the public!
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Friday, June 12, 2015
NextEra Behind Bogus Windfarm Tax Credit Study
By Selected News Articles @ 5:10 PM :: 3674 Views :: Energy, Tax Credits, Taxes

...federal subsidies to wind power do not create investment out of nowhere; they simply distort the relative cost of producing wind energy, shifting investments from other sectors of the economy to wind projects....

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Sunday, May 31, 2015
Could You Please Answer the Phone?
By Tom Yamachika @ 5:01 AM :: 2764 Views :: Tax Credits

...if you are a taxpayer with questions and you call the Hawaii Department of Taxation’s customer service line, there is a more than 50% chance that your call won’t be answered. At all....

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Thursday, May 21, 2015
Rusting Windfarm Junk off Waikiki: Europe's Disaster Coming to Hawaiian Waters
By Selected News Articles @ 11:51 PM :: 7977 Views :: Energy, Tax Credits, Tourism
“The Southern area will be visible from Waikiki beach....  The eastern area is equally visible from the southeastern part of Oahu and will be part of the sunrise...."
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Wednesday, May 20, 2015
NELHA Transparency? 'Continues to Struggle with Sunshine'
By Hawaii State Auditor @ 3:31 PM :: 3586 Views :: Ethics, Small Business, Tax Credits

In 2012, we found that after nearly 40 years of existence, NELHA had yet to live up to its creators’ vision....

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Sunday, May 03, 2015
NextEra: Legalized Tax Fraud
By News Release @ 2:40 PM :: 4174 Views :: Environment, Tax Credits, Taxes

...Total federal income tax breaks from 2008 through 2012: $4.2 billion....

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