Proponents disagree on the purpose of tax credits. Some say they should be used only to encourage new industry, as was the case of the high-tech industry tax credit. I disagree. Tax credits should be used to stimulate the economy, whether or not the industry exists.

For too long, we have said Kapolei is the second city and Ko Olina is Oahu's second resort destination. Neither the state nor the city has yet taken action to ensure that Kapolei does not become just another suburb or Ko Olina another Kuilima, which never became the North Shore's economic engine.

Tax credits, such as those proposed for Ko Olina specifically to construct a world-class aquarium and a marine science and mammal research facility, help the state's economic engine, which is in dire need of overhaul. If government can use tax credits to attract new industry, it can use them to enhance proven ones, too.

Let's stay committed to our plans and dreams. Kapolei is the second city and Ko Olina is the second resort destination. It is time to invest in the Leeward Coast and to open the door of economic opportunity to its residents and the rest of the state.

Senator sees no conflict in many ties to Ko Olina

State Sen. Colleen Hanabusa, backer of the controversial $75 million tax-credit program benefiting Ko Olina resort developer Jeffrey Stone, lives in a luxury Ko Olina townhouse purchased by her fiancé from Stone, and works in a downtown law office subleased from Stone, according to real estate and business records.