Re: [luau] What does Everyone think of ACT221?

2003-04-25 Thread Warren Togami
On Thu, 2003-04-24 at 23:14, Virgil wrote: Hi all, I went to the HVCA party today to listen to speaker Ted Liu who is in charge of DBEBT. I found the gathering to be interesting and informative although I felt a bit out of place. When you talk to these people about Apache is they think

Re: [luau] What does Everyone think of ACT221?

2003-04-25 Thread Ben Timmerman
Virgil sez After listening to Ted Liu I'm...split 50/50 on the issue of whether to change and better the act or don't do any changes at all which most of the community has agreed. then Warren sez ...but I think the issue is the stimulus was too large, and with some loopholes some companies

Re: [luau] What does Everyone think of ACT221?

2003-04-25 Thread Stan Baptista
but somehow there needs to be a way to ensure that this thing doesn't create 5-years-and- out-by-design efforts. My 2cents: I agree. The idea of Act221, as I understand it, is to foster long-term growth of the hi-tech industry in Hawaii. -stan

RE: [luau] What does Everyone think of ACT221?

2003-04-25 Thread Kevin Goad
Act221 From what I've heard it was a way to try to get Intel to move over here, along with the fact that Silicon Valley has no ceiling to how expensive the cost of living will get and the fact that they have hired hundreds of Electronics technicians from Heald College and were worried they would

RE: [luau] What does Everyone think of ACT221?

2003-04-25 Thread Ho'ala Greevy
No one will move until they see signs of success from local companies. So far, we have few. -Ho'ala Kevin Goad said: From what I've heard it was a way to try to get Intel to move over here... Cayetano needed a way to entice them and that was one of them.

Re: [luau] What does Everyone think of ACT221?

2003-04-25 Thread Virgil
My argument to some of the HTTA members (no names mentioned) was that ACT221 was too generous to a RD company. Being that ACT221 being more generous to an RD company, if an investor were to decide where to put his money, he would most likely put it towards an RD company rather than to a

Re: [luau] What does Everyone think of ACT221?

2003-04-25 Thread R. Scott Belford
As I understand it, there are a few cases of abuse that should be remedied. This does not merit the public smear campaign that the Lingle administration and now the Star-Bulletin seem to endorse. By smear campaign I mean publicly berating the entire Act for the offenses of a few. By doing

RE: [luau] What does Everyone think of ACT221?

2003-04-25 Thread Kevin Goad
decision-makers. These are the tactics of this session, a lot of bills and acts are being attacked in an effort to Balance the Budget, I think its an all out assault to see who will fight for them and if there is no support the bill or act will get killed. They were even brave enough to try to

Re: [luau] What does Everyone think of ACT221?

2003-04-25 Thread Dustin Cross
Good words Scott! Our state needs to attract new business. Some companies are abusing 221 and that needs to be stoped, but we shouldn't change 221. The Tax office has changed what businesses need to do to use 221, specifically addressing the abuses to date. The problems I see with 221 is that

Re: [luau] What does Everyone think of ACT221?

2003-04-25 Thread Virgil
Thank you Scott. Those words are inspiring words to say the least and provides good ammo on why the State shouldn't change ACT221. I'm beginning to see the light. Yesterday at the HVCA part with Ted Liu proceedings, I stated my opinions about ACT221. Its that I don't support it. I wholeheartedly

RE: [luau] What does Everyone think of ACT221?

2003-04-25 Thread Ted Kanemori
: Friday, April 25, 2003 11:02 AM To: [EMAIL PROTECTED] Subject: Re: [luau] What does Everyone think of ACT221? Thank you Scott. Those words are inspiring words to say the least and provides good ammo on why the State shouldn't change ACT221. I'm beginning to see the light. Yesterday at the HVCA part