Hawaiʻi lawmakers advance capital gains tax increase
The higher state capital gains tax rates would initially raise more than $57 million extra next year.
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.
Require REITs to disclose assets and revenues
So long as these trusts aren’t paying corporate income taxes, they aren’t paying their fair share of taxes.
Don’t hurt vulnerable families; make taxes more equitable
There’s a better solution than depriving vulnerable people of the services they desperately need: Raise needed revenue by taxing the wealthy who have not faced the grim financial consequences of the pandemic.
It’s time for Hawaiʻi to tax the rich
“Tax the Rich” has become a statement about the restructuring of our social and economic priorities, which have been upended by the pandemic.