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Sunday, December 20, 2015
GEMS: Gets Everyone’s Money Swiftly
By Tom Yamachika @ 4:01 AM :: 4602 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 :: 4272 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 :: 3650 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 :: 3653 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 :: 3697 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 :: 3812 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 :: 2573 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 :: 2725 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 :: 4536 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 :: 4738 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 :: 5010 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 :: 3670 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 :: 3259 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 :: 6553 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 :: 4598 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 :: 31437 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 :: 4467 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 :: 5204 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 :: 4476 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 :: 3196 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 :: 8949 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 :: 4279 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 :: 4885 Views :: Environment, Tax Credits, Taxes

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

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Wednesday, April 29, 2015
Politicians Paid so Navatek Can get $20M Play?
By Selected News Articles @ 10:47 PM :: 5662 Views :: Ethics, Tax Credits

...77 separate contributions by Navatek or by employees linked to Navatek made to elected officials totaling $81,000....

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Thursday, April 23, 2015
Your Electric Bill is Higher than you Think
By NCPA @ 2:27 PM :: 3999 Views :: Energy, Tax Credits

...Consumers pay for electricity twice: once through monthly electricity bills and a second time through taxes that finance subsidies for inefficient wind and other energy producers....

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Sunday, April 19, 2015
SB 555 - Increasing the Food/Excise Tax Credit
By News Release @ 3:38 PM :: 3957 Views :: Tax Credits, Taxes, Cost of Living

Hawaii levies the second highest tax burden in the country on its low-income families. A major reason for this is the General Excise tax....

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Thursday, April 16, 2015
Final Act 221: Hoku Plant Cut Up, Pieces Auctioned off
By Selected News Articles @ 3:42 PM :: 4881 Views :: Energy, Tax Credits

Built with your tax dollars, via crony capitalist Act 221 High Tech Tax Credits, Hawaii....

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Saturday, March 21, 2015
HB145 Tobacco Industry Tax Credit Gut and Replace
By Selected News Articles @ 1:12 PM :: 4290 Views :: Agriculture, Higher Education, Tax Credits
Did you know that Hawaii has a tobacco industry?
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Wednesday, March 18, 2015
Hawaii: The Place for "Really Crazy" Energy Ideas
By Selected News Articles @ 11:40 PM :: 4034 Views :: Energy, Tax Credits

...Plenty of issues remain to be addres­sed, not least the safety implications of having kites weighing more than a tonne flying around on cables up to 310m long....

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Wednesday, March 18, 2015
Secretive Subsidies, Tax Credits Make Hawaii 7th-Least Transparent in USA
By News Release @ 11:18 PM :: 4454 Views :: Ethics, Hawaii Statistics, Tax Credits

...subsidy programs assessed in each state....

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Friday, March 13, 2015
Update: Low Income Legislative Agenda
By News Release @ 11:00 PM :: 4403 Views :: Homelessness, Tax Credits, Taxes

...Hawaii Appleseed is making solid progress advancing important legislation to benefit low-income people in our state....

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Wednesday, March 04, 2015
Hawaii Open Budget: A bold step towards fiscal transparency
By News Release @ 5:28 PM :: 4346 Views :: Ethics, Hawaii State Government, Tax Credits, Taxes

...a nonpartisan effort to make the state budgeting process accessible to the public by putting state budget facts and figures online, in real time....

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Tuesday, February 24, 2015
Surprise: Poorest Obamacare Enrollees Face $530 IRS Tax Bill
By Americans for Tax Reform @ 2:27 PM :: 4133 Views :: Health Care, Tax Credits, Taxes

Also in the H&R Block report is the news that the individual mandate penalty is averaging $172. This is likely to rise in future years....

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Sunday, January 11, 2015
Earned Income Tax Credit – A Solution to Poverty?
By Tom Yamachika @ 4:01 AM :: 2829 Views :: Tax Credits

...According to a report by the Hawaii Appleseed Center for Law and Economic Justice, it lifts more families out of poverty than any other federal policy....

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Friday, January 02, 2015
Auditor: State Policies Create Barrier to Glass Recycling
By Hawaii State Auditor @ 4:58 PM :: 5694 Views :: Environment, Small Business, Tax Credits, Taxes

...the interaction between the advance disposal fee (ADF) and the deposit beverage container (DBC) programs creates inefficiencies in the recycling or down-cycling of glass....

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Tuesday, December 30, 2014
Auditor: Unclear What Glass Recycling Program is Supposed to Accomplish
By Hawaii State Auditor @ 9:51 PM :: 5428 Views :: Environment, Ethics, Tax Credits, Taxes

Where the 'Recycled' Glass Goes? -- Busted: Hee Family Tied to Massive Waste Dumping Scheme....

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Thursday, December 18, 2014
Corruption: Al Hee Indicted on 13 Counts--Could Get 39 Years in Federal Prison
By News Release @ 3:10 PM :: 9579 Views :: DHHL, Politicians, Tax Credits

This is happening now because Dan Inouye is dead.  There will be more....

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Sunday, December 14, 2014
NextEra: The Green Corruption Files
By Selected News Articles @ 6:20 PM :: 9259 Views :: Energy, Tax Credits

NextEra paid just $88 million in taxes on earnings of nearly $7 billion. That’s a tax rate of just 1.25 percent when the statutory rate is 35 percent....

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Tuesday, December 02, 2014
‘Green’ lobby pushes to extend lucrative tax breaks
By Selected News Articles @ 2:11 PM :: 3444 Views :: Energy, Tax Credits
“Granting temporary privileges or punishment allows Congress to fund-raise on them over and over again.”
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Sunday, November 30, 2014
The Tax Credit That Should Not Die
By Tom Yamachika @ 4:01 AM :: 3099 Views :: Tax Credits
Note to lawmakers: No touch!
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Sunday, October 26, 2014
Ige's Pihana: Which Came First the Crony or the Capitalist?
By Andrew Walden @ 8:27 PM :: 6367 Views :: Hawaii History, Politicians, Tax Credits

...it almost worked, until Goldman Sachs taught them all the meaning of "preferred stock"....

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Thursday, October 09, 2014
Wind Industry Admits It Needs Handout to Compete
By Heritage Foundation @ 2:14 PM :: 3981 Views :: Energy, Tax Credits

...The wind production tax credit, a generous $23 per-megawatt-hour tax credit the producer receives for 10 years, expired last year....

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Saturday, September 27, 2014
Property Tax Hike? You Have Until Sept 30 to Get Out of It
By News Release @ 5:01 PM :: 4680 Views :: Honolulu County, Tax Credits, Taxes

...September 30, 2014 deadline for three real property programs is approaching and urge those wishing to participate to submit the required documentation....

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Sunday, September 21, 2014
Timing Isn't Everything: How to Lose Your Solar Tax Credit
By Tom Yamachika @ 5:01 AM :: 4285 Views :: Energy, Tax Credits

This week’s illustration of how timing is important involves the Hawaii Renewable Energy Technologies credit....

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Monday, August 04, 2014
Your Tax Dollars at Work: FlikMedia, Inc. Acquires Flikdate
By News Release @ 5:52 PM :: 3385 Views :: Ethics, Tax Credits

...Flikdate is the recipient of HSDC Hi-Tech 'investment' money....

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Friday, July 18, 2014
HSDC Tries To Justify Hi Tech Self-Dealing
By News Release @ 5:52 PM :: 4930 Views :: Ethics, Tax Credits

...there was potential in Hawaii to find and invest in (get taxpayer money for) globally competitive startups (which are based in California)....

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Wednesday, June 18, 2014
High Tech Development Corp still relying on carbon paper and typewriters
By Selected News Articles @ 2:20 AM :: 3584 Views :: Hawaii State Government, Tax Credits

HTDC still relying on carbon paper and typewriters to draft communications with the state, which she says causes more work in the end for her staff....

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Saturday, June 14, 2014
Solar City: Tax Subsidies For Them, Big Bills For Hawaii
By Selected News Articles @ 2:43 PM :: 4290 Views :: Energy, Tax Credits

Solar City collects for itself tax subsidies intended for its consumers, who are left vulnerable to sudden spikes in their electricity bills....

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Wednesday, June 04, 2014
Encouraging ohana housing in Hawaii
By Selected News Articles @ 3:16 PM :: 3702 Views :: Family, Tax Credits

Over 11% of Hawaii households are multigenerational, the largest percentage in the United States....

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Tuesday, June 03, 2014
DBEDT: Obama Orders Mainland to Follow Hawaii's Expensive Energy Policies
By News Release @ 4:28 PM :: 4242 Views :: Energy, Tax Credits

Other states are being ordered to follow Hawaii's example and give lots of money to green energy scammers who in turn give campaign contributions to the politicians who made their scams possible...

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