‘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.
Billionaires in blue states face coordinated wealth-tax bills
Some measures are based on Sen. Elizabeth Warren’s proposals to make the super-rich pay more
Ige signs $18 minimum wage increase, tax refund
The bill makes the earned income tax credit permanent and refundable, helping low- to moderate-income workers cut their taxes and potentially increase their tax refund.
Ige signs minimum wage increase, tax rebate bills
Beyond the proven economic benefits, the bills signed into law by Ige will reduce poverty and inequality in Hawaii, improving health outcomes and educational attainment for children in working families.
Gov. Ige signs $18 minimum wage increase by 2028, tax refund
The bill makes the earned income tax credit permanent and refundable, helping low- to moderate-income workers cut their taxes and potentially increase their tax refund.
Lawmakers spent big this year to help Hawaiʻi families ‘pushed over the edge’
Despite the investments, advocacy groups say cracks remain in the state’s safety net.
State legislature closes an ambitious session
After two years of COVID-induced budget cuts, the state legislature took advantage of a rebounding economy and federal relief funding to enact an ambitious agenda.
$18 minimum wage heading to final vote
After months of back and forth, the state House and Senate reached an agreement on the $18 minimum hourly wage in a conference committee session Friday. The bill also makes the Earned Income Tax Credit permanent and refundable.
Hawaiʻi lawmakers finally agree on raising the minimum wage
House Bill 2510 also makes a state earned income tax credit refundable. Meanwhile, many taxpayers could soon get a $300 tax rebate.