Tax Credits

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....

A squad of DoTAX bureaucrats pounding on doors—desperately seeking a scapegoat.

“Free Solar” may sound like music to the ears of low-income Hawaii homeowners and non-profits, but to the General Fund it sounds more like a vacuum cleaner....

Hawaii has the most regressive taxation structure in the nation. When the Legislature returns, they will find a big fat hole in the budget because once again the tax system is being used to redistribute wealth from the poorest to the richest.

...federal and state tax credits behind Hawaii’s wind and solar development bubble are pushing even more money out of the pockets of Hawaii ratepayers and taxpayers and into the coffers of mainland hedge funds, banks, insurance companies, utilities, and even tobacco companies....

President Obama has tried to spin yet another one half billion dollar mistake but his own green friends won't let him: Solyndra bankruptcy was a disaster waiting to happen. Neil has been informed multiple times about Sopogy. What’s he going to do about it?

HSDC is developing a plan to best deploy these funds for worthy businesses.

Wiwo...wiwo...wiwo.  

The sound floats on the winds of Ka Lae, this southernmost tip of Hawaii's Big Island, where Polynesian colonists first landed some 1,500 years ago.

Some say that Ka Lae is haunted -- and it is. But it's haunted not by Hawaii's legendary night marchers. The mysterious sounds are "Na leo o Kamaoa"-- the disembodied voices of 37 skeletal wind turbines abandoned to rust on the hundred-acre site of the former Kamaoa Wind Farm.