The long struggle over taxing the rich
States’ taxes lean most heavily on poorer residents. These states are trying to change that.
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.
Hawaiʻi bill looks to increase capital gains taxes
A new bill in the state legislature is looking to tax these investments like regular working income.
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.
State progressives launch coordinated push to raise taxes on the rich
A coalition of left-leaning state legislators announced a new effort Thursday to tax the richest Americans, simultaneously introducing bills across eight states.
Tax-the-rich blue states want to leave wealthy ‘nowhere to hide’
Progressive lawmakers in a handful of blue states joined forces Thursday in a campaign to fire up energy for tax-the-rich policies in state capitols.
House approves minimum wage, Mauna Kea bills after emotional floor debate
As the Legislature nears the halfway mark for this year’s session, measures to provide $600 million for Native Hawaiian housing and increase the capital gains tax also advance.
Capital gains tax increase and a new carbon tax may not make the cut
With all 76 members of the legislature up for reelection, lawmakers are expected to shy away from those potentially controversial tax measures this year.
New taxes, tourism funding cuts among bills pushed through as legislature winds down
Lawmakers agreed on a number of measures Thursday that need full House and Senate approval and then Gov. David Ige’s signature.
Lawmakers should pass tax bills to fix our upside-down tax system
Minimum wage earners should not be paying a higher percentage in taxes than those at the top.
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.
Hawaiʻi lawmakers advance capital gains tax increase
The higher state capital gains tax rates would initially raise more than $57 million extra next year.
Bill exempting jobless benefits from state taxes hits a snag
More than 580,000 Hawaiʻi workers filed unemployment claims last year, according to the governor’s office.
To invest in its future, Hawaiʻi needs to raise taxes now
Kicking the can down the road further burdens the taxpayers of tomorrow.
Senate’s tax fairness bill is good for Hawaiʻi—here’s why
Senate Bill 56 accomplishes what most of us would like our tax system to do: It assesses a greater contribution to the public good from those who can afford it.
Raising taxes on rich would boost consumers
To save businesses like Love’s, we need to shift tax burden away from consumers who drive commerce, to those who earn so much they save a lot.
Here’s how tax increases are shaking out in the Hawaiʻi legislature
Senators moved to raise income taxes on high earners, and the House passed capital gains and inheritance tax increases.