‘Audacious’ tax relief plan advances at Hawaiʻi Legislature
The biggest proposed savings are in a bill from Gov. Josh Green that would boost all Hawaiʻi income tax bracket thresholds and increase the standard deduction along with the personal exemption.
Move ahead with care on tax relief
Legislators must ensure that the relief package makes the most of state resources, finding the right balance of lower taxes and the services that Hawaiʻi’s people need most.
Will the states finally tax the rich?
Lawmakers in seven states last month introduced legislation that aims, in some innovative ways, to raise taxes on their most fiscally favored.
Want to give our kids a future? Change the way we tax wealth
Enhanced revenue should come from those who can afford to pay more including large corporations and out-of-state investors.
A national wealth tax has gone nowhere. Now some states want to tax the ultra-rich
Each state has its own approach for taxing the rich, but typically the strategies include taxing assets as well as lowering the threshold for estate taxes.
Tax the rich? Liberals renew push for state wealth taxes
Supporters of taxes on the very rich contend that people are emerging from the COVID-19 pandemic with a bigger appetite for what they’re calling “tax justice.”
Hawaiʻi Tax Fairness Coalition protest at state capitol in favor of new tax on ultra-wealthy
The coalition is proposing new taxes on the ultra wealthy, and more tax relief to the low and middle income residents.
Hawaiʻi is spending $417 less on services per child compared to 2005, report says
Over the course of nearly two decades, the state is spending about $400 less per child than in 2005, according to a new report from Hawaiʻi Budget & Policy Center and Hawaiʻi Children's Action Network.
Here’s how Hawaiʻi’s new state budget is shaping up
With just a few weeks left in session, both the House and Senate plan to bail out Hawaii employers and pass some tax increases.
Tax form change would clarify amount of REIT deductions
As Hawaiʻi faces major budget shortfalls this year and several years to come, it is imperative that all corporations provide accurate reporting of its assets and revenues generated.
To invest in its future, Hawaiʻi needs to raise taxes now
Kicking the can down the road further burdens the taxpayers of tomorrow.
REITs should pay taxes like rest of us
This is the year for our legislature and governor to come together to do what’s best for the state: Make REITs pay state corporate income taxes.
Government spending boosts economy
Hawaiʻi is resilient, and fueled by sufficient funds, the state budget can be the blueprint for a quick recovery.
Gov. David Ige ponders higher fuel and wealth taxes
But tax increases are likely going to be considered by state lawmakers regardless of whether Ige includes such proposals in his detailed budget plan.
Community activists urge governor to allow real estate tax bill to become law
Community activists paid Gov. David Ige a surprise visit at the State Capitol on Wednesday, urging him not veto a bill that would tax some of Hawaiʻi’s largest landowners.