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What is wrong with tax credits?

February 13, 2014
By TOM YAMACHIKA , Interim President, Tax Foundation of Hawaii

Solar and wind energy system owners, movie and TV producers, the impoverished, those who hire workers in certain zones, those who buy durable goods to use in a business. These seemingly disparate groups have something in common - they are all beneficiaries of tax credits. Those who seek to enlarge or expand those credits at the Legislature frequently find the Tax Foundation opposed. Why is that?

 
 

 

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