Tax Credits

...impacts on gross state product are estimated to be negative (up to -$63 million)....

...$3.46 million in capital improvement project (CIP) funds for the Hawaii Film Studio, including a new production and multipurpose building....

... another legislative session looms large on the horizon ....

In this week’s Think Tech broadcast, Grassroot President Keli’i Akina and Policy Director Malia Hill join host Jay Fidell ....

...how is the new health care initiative going to affect businesses?

...the vast majority of installations are demanded by households with the median income and higher....

...magnesium melts at 1202 degrees Fahrenheit and antimony melts at 1166 degrees Fahrenheit.....

A family-owned North Carolina-based manufacturer is calling upon the US federal government and governors from five states to probe the reasons why Hoku Corporation and its major partner in the project, Tianwei have failed to pay its debts and review its investment practices into foreign owned businesses....

Blue Planet Foundation first annual Energy Report Card for Hawai‘i....

We would like to invite to you apply for up to $1M....

The new policy outlines the State of Hawaii’s commitment to make long-term investments in technology to enable an integrated system based on clean energy resources....

...those lost revenues resulted in lawmakers having to raise additional revenue....

As of July 1,  Hawaii has a new, expanded production tax credit, which grants motion pictures, digital media and film productions, an income tax credit of 20-25 percent....

Tsutsui will sign the following bills passed by the 2013 Hawaii State Legislature....

The reaction to last week’s commentary could only be described as shrill....

Recently the Chair of the House Finance Committee announced that she will be reviewing the practice of setting up special funds....

Americans have no idea how much taxpayers and consumers, through higher energy bills, are spending to subsidize all of those green energy projects....

...out of $668.1 million in tax credits claimed in tax year 2011, the Service disallowed only $11 million, and failed to find a single case of fraud....

...lawmakers are beginning to shy away from adopting tax credits....

More than $1.2 billion in cash payments has been awarded to renewable energy projects since the beginning of the year....

The phrase “corporate welfare” usually leads people to clench their pocketbooks a little bit tighter....

... as quickly as demands for repeal of Act 55 were heard, legislators introduced a bill establishing bills to establish a Public Private Partnership Authority ....

we, mere mortals, cannot predict what the prize industry of the future will be....

Some raise, some redistribute. Others give credit where credit may not be due....

...It costs 30,000 pounds of carbon-dioxide emission to produce an electric car, equal to about 80,000 miles of travel....

HSEA commends the Senate Ways and Means Committee for passing out SB 623 SD 1, which will close (reopen) renewable energy tax credit loopholes (that DoTax already closed)....

...state tax credit expenditures could reach $1.4 billion for residential units alone....

The tax credit for photovoltaic systems will be incrementally phased down from 30 percent of the actual cost to 15 percent over the next 5 years....

A number of tax department employees who were investigated in connection with the security breaches have been “arrested and relieved of their duties,” said state Rep. John Mizuno....

As another legislative session is about to be convened, let’s look back at some of their follies over the past few years ....

...this year the tax scramble is not so much for shifting income and deductions from one tax year to the next as much as it is about getting one’s solar energy device installed....

The wind lobby is working overtime to convince Congress to pass an extension before the clock runs out on December 31st....

...tax-payer-provided subsidies are beggar-thy-neighbor policies. At the end of the day, they just tend to cancel each other out and essentially transfer taxpayer money to corporations ....

The importance of having Clipper continue to honor parts, service and maintenance agreements on the turbines is one of the critical concerns for First Wind....

Fukunaga’s ‘High-Tech’ credentials come from her decade-long advocacy of the Act 215/221 tax credits--one of the biggest taxpayer rip-offs in Hawaii history....

“It’s all in [my] head.” —DoTAX returns classifying officer’s response when asked why he does not have any written policies and procedures

Hoku is so broke it doesn’t have a website anymore. Their url expired July 12 and has not been renewed....

Act 221's final act ....

Aren't tax credits wonderful!

 Act 221 Tax Credits paid for this mess and Hawaii media covered for this scam company all they way through .... 

... a solar energy products and services company, natch ....

...liens have been filed against the Hoku Materials polysilicon plant, and some lienholders have begun foreclosure proceedings in the Idaho courts....

...there is not a single mention of delisting, crashing solar panel prices, expiring tax credits and subsidies, difficulties in completing the Pocatello plant, nor the crashing price of the polysilicon Pocatello is supposed to produce....