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Sunday, July 15, 2018
HB2748: $500,000,000 Hole in Budget
By Tom Yamachika @ 5:00 AM :: 610 Views :: Development, Tax Credits

... $200 million, or most of it, is headed out the door with no visible means of getting it back.....

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Tuesday, July 10, 2018
GEMS for Insiders: Polynesian Cultural Center First to Take Advantage of On-Bill Financing
By News Release @ 8:34 PM :: 860 Views :: Energy, Ethics, Tax Credits, Taxes

...PCC will finance systems totaling 413 kilowatts (kw), with flexibility to install additional systems and features. The agreement marks the first commercial on-bill financing project in Hawaii using the Hawaii Green Infrastructure Authority's recently launched Green Energy Money $aver (GEM$)On-Bill program....

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Friday, July 06, 2018
After Years of Hype: Hawaii Electricity Still 82.4% Coal and Oil
By News Release @ 1:51 AM :: 735 Views :: Energy, Hawaii Statistics, Tax Credits

...and this was before the geothermal plant was overrun by lava....

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Friday, June 22, 2018
State Gives Away $900K to Manufacturers
By News Release @ 1:46 PM :: 679 Views :: Small Business, Tax Credits

...Give us $1.55B and we’ll create 80,000 jobs.  Promise!  —uh--just like we did last time when you gave us $2B....

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Thursday, June 21, 2018
Jurassic World: Fallen Kingdom Leaves a Dinosaur-Sized Economic Footprint in State of Hawaii
By News Release @ 9:48 PM :: 699 Views :: Labor, Small Business, Tax Credits

...The film generated more than $31 million in local economic activity and contributed more than $6.9 million in wages to over 1,200 local workers....

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Friday, June 15, 2018
PUC seeks public comment on Electric Vehicle road map
By News Release @ 12:46 AM :: 535 Views :: Energy, Tax Credits

... 5 ways to transfer more of your money to Elon Musk ....

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Thursday, June 14, 2018
Wanna Buy Some Land?--DLNR has Got Money for You
By News Release @ 4:54 AM :: 863 Views :: Environment, Land Use, Tax Credits

...You will be tested on the catechism of the State Religion....

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Tuesday, June 05, 2018
Hawaii: New Greenhouse Gas Rules Just as Fake as Renewable Energy Rules
By News Release @ 12:35 AM :: 1065 Views :: Energy, Environment, Tax Credits

...Net zero does not mean zero. Hawaii can cause a global rise in greenhouse gas emissions and call it net zero....

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Sunday, June 03, 2018
The California Stupidity Fund, Part 2
By Tom Yamachika @ 5:00 AM :: 1007 Views :: Tax Credits, Taxes

...Now, the IRS and the U.S. Treasury have indicated that they are going to weigh in....

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Tuesday, May 08, 2018
Follow the Money? Not so Easy in Hawaii
By News Release @ 4:29 PM :: 1716 Views :: Ethics, Hawaii State Government, Hawaii Statistics, Tax Credits

... Following the Money 2018 -- How the 50 States Rate in Providing Online Access to Government Spending Data ...

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Sunday, April 22, 2018
Green Energy Plan: $2.3B Tax and Rate Hike to Send Even More Money to Elon Musk
By News Release @ 2:10 AM :: 1944 Views :: Energy, Environment, Land Use, Tax Credits, Taxes, Cost of Living

...Over the past 15 years, the people of Hawaii have paid 260% more for electricity than the US average, while gasoline prices consistently hover close to $1-per-gallon higher.  (But we can go even higher)....

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Tuesday, April 10, 2018
HTDC Report: After Billions in Tax Credits, Hawaii Tech Sector Still Minuscule
By News Release @ 10:54 PM :: 1085 Views :: Small Business, Tax Credits

...After all the billions we gave them, HTDC's pet 'High Tech' tax credit recipents claim a paltry $61.27M in revenues for 2017....

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Sunday, March 18, 2018
An Opportunity for Opportunity Zones
By Tom Yamachika @ 5:00 AM :: 1016 Views :: Tax Credits

...Ige needs to take action by March 21, 2018 to take advantage of "qualified opportunity zones"....

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Wednesday, March 14, 2018
Taxpayers and Ratepayers Forced to Fund HECO Flywheel Scheme
By News Release @ 2:59 AM :: 1426 Views :: Energy, Tax Credits

...Notice that they never mention the Cost?....

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Sunday, March 04, 2018
Auditor: Legislators 100% 'Fail to Meet Criteria' for New Special Funds
By Hawaii State Auditor @ 4:43 PM :: 1811 Views :: Ethics, Hawaii State Government, Tax Credits, Taxes

...We reviewed 85 house and senate bills proposing 64 special and revolving funds during the 2018 legislative session of which none met criteria....

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Friday, March 02, 2018
Another $1.4M of your Tax Dollars Handed over to Phony Tech Entrepreneurs
By News Release @ 6:44 PM :: 1631 Views :: Ethics, Tax Credits

... HTDC awarded 15 Hawaii-based companies $1,417,050 ....

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Wednesday, February 14, 2018
SB1279: Tax-Credit Scholarships for Special Needs Students
By Selected News Articles @ 4:23 PM :: 1300 Views :: Education K-12, Tax Credits

...Allows Qualifying Families To Pay For Tuition At Private And Parochial Schools....

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Sunday, February 11, 2018
​The Value of a Refundable Credit
By Tom Yamachika @ 4:00 AM :: 1213 Views :: Tax Credits

...In the 2017 legislative session, our legislature passed an earned income tax credit (EITC)....

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Wednesday, February 07, 2018
Electric Buses: Caldwell Helps Al Gore with Billion Dollar IPO
By Selected News Articles @ 8:30 PM :: 2144 Views :: Honolulu County, Ethics, Tax Credits

...Proterra hopes to hype these buses into a billion dollar IPO to pay off Proterra investor Al Gore....

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Friday, February 02, 2018
Hawaii Chamber of Commerce Introduces Legislative Package
By News Release @ 3:02 AM :: 1659 Views :: Labor, Small Business, Tax Credits

...Bill to address Adams v. CDM court ruling (HB2201/SB2993)....

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Tuesday, January 16, 2018
Tupola Tax Cut: Make EITC Refundable
By Rep Andria Tupola @ 2:10 PM :: 1782 Views :: Tax Credits

...“Let's Give Money Back”....

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Sunday, January 07, 2018
GEMS Takes One on the Chin from the PUC
By Tom Yamachika @ 4:00 AM :: 1952 Views :: Energy, Tax Credits, Taxes

...the PUC has basically said that it expects the program to crash and burn....

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Tuesday, November 14, 2017
Auditor: DoTax Funds ‘Do not meet Criteria’
By Hawaii State Auditor @ 2:15 PM :: 1384 Views :: Tax Credits, Taxes

...Review of Special Funds, Revolving Funds, Trust Funds, and Trust Accounts of the Department of Taxation....

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Friday, November 03, 2017
GOP Tax Plan Will End Federal Subsidy for Unaffordable Housing and High Tax Localities
By Americans for Tax Reform @ 4:10 AM :: 2596 Views :: National News, Republican Party, Tax Credits, Taxes, Cost of Living

...repeals the state and local tax deduction for income and sales taxes and caps the SALT deduction for property taxes at $10,000. The home mortgage interest is grandfathered in and preserved for new homes up to $500,000....

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Sunday, October 29, 2017
Should Surfrider be Licensed to Pass Out Property Tax Exemptions?
By Tom Yamachika @ 5:01 AM :: 2303 Views :: Environment, Ethics, Small Business, Tax Credits

...Recently, the Honolulu City Council approved on first reading Bill 80 (2017), which would award a real property tax exemption to “ocean-friendly restaurants.”...

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Thursday, May 25, 2017
HB209: Tax credit to help poor really helps politicians
By Grassroot Institute @ 2:45 AM :: 1713 Views :: Tax Credits, Taxes

...state lawmakers mostly would just be raising taxes on the rich and giving it to themselves....

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Friday, May 19, 2017
HB209: Sneaky Legislators Limit Usefulness of Earned Income Tax Credit
By Selected News Articles @ 6:49 PM :: 1765 Views :: Tax Credits, Taxes

...but they didn't limit the oppressiveness of the income tax hike that went with it....

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Saturday, April 29, 2017
Which Places Benefit Most From State and Local Tax Deductions?
By Tax Foundation @ 6:01 AM :: 1688 Views :: Hawaii Statistics, Tax Credits, Taxes

There are two factors contributing to this regional variation. The first is that higher-income taxpayers tend to take larger deductions....The second factor for county-by-county variation is that state and local tax regimes differ substantially....

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Sunday, April 09, 2017
CreditAbles
By Tom Yamachika @ 4:01 AM :: 1692 Views :: Tax Credits, Taxes

Terms being bandied about include exemptions, deductions, and tax credits, and among tax credits there are the “CreditAbles” – refundable, nonrefundable, and assignable credits.....

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Tuesday, April 04, 2017
Green Energy Schemers: Hawaii success story because of the high price of electricity, state tax credits
By News Release @ 5:44 PM :: 2736 Views :: Energy, Tax Credits, Cost of Living

Honolulu ranks first for installed solar capacity per capita in the United States....

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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 :: 2250 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 :: 2129 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 :: 2067 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 :: 2421 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 :: 2155 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 :: 2311 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 :: 1918 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 :: 2414 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 :: 2399 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 :: 2372 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 :: 1590 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 :: 2649 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 :: 2228 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 :: 1680 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 :: 8571 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 :: 2163 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 :: 1995 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 :: 5153 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 :: 2652 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 :: 2211 Views :: Energy, Tax Credits

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

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