Hawaii’s Investment Tax Credit Program Generates $821M in Investment

Hawaii’s research and investment tax credits for high-tech companies have been a issue of debate for nearly a decade. In a survey conducted earlier this year, 45 percent of a sample of high-tech business owners said these credits played a "major influence" in their decision to grow and expand in Hawaii. Opponents, however, claim that the program’s generous tax breaks overstep their bounds by extending incentives to movie and television companies.

Report on the Operations of Qualified High Technology Businesses
From 2002 Through 2006 http://www.hawaii.gov/tax/pubs/2007hitec_rpt07a.pdf