‘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.
The five best tax ideas coming from governors this year
One of the clearest trends in state tax debates this year is the continuing momentum toward new and better tax credits for workers and families.
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 ‘wealth asset tax’ on Hawaiʻi’s richest residents advances in the legislature
The new tax would apply to people with a net worth of more than $20 million.
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.
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.
How the legislature can help ALICE families
The EITC is far more effective as both a household budget lifeline and as an economic stimulus when it is fully refundable and puts cash directly in the hands of families that need it most.
Legislature should prioritize children by investing in their future
If not, we risk relegating some kids to a future of poverty and poor mental and physical health.
Legislators consider extending income tax credit for struggling families
Every dollar a tax filer gets from the EITC generates another $1.24 in economic activity. This type of tax refund can act as an economic stimulus for the state.
Working families deserve permanent earned income tax refund
When all working families are able to permanently access the full value of the Earned Income Tax Credit, communities across our state will become stronger and better prepared for the many challenges that lay ahead in the 21st century.
Economic recovery should focus on working families
Hawaiʻi’s lawmakers should pass legislation that supports workers’ well-being.
Dark clouds are looming over Hawaiʻi even as the economy appears to be improving
Economic experts say many people are worse off than they were before the pandemic and a lower unemployment rate is simply masking deeper problems.
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.