Taxes

... “Frankenbill” House Bill 58 has cleared the Legislature and is on the Governor’s desk waiting to become law ....

... Stormwater: $100M Tax Hike After 36 Years of Lawyering and Foot-dragging ....

... In fiscal year (FY) 2018, the highest state sales tax collections per capita were found in Hawaii ($2,694) ....

... Income tax is a complicated enough subject already ....

... There were significant changes in net income tax, exemptions suspended for the GET, a new 3% bump for the transient accommodations tax, tripling and quadrupling tax rates for conveyances of real property, and more ....

... Manufacturing faces exceedingly high rates of taxation in Hawaii, but some other firms benefit from generous incentives, reducing tax costs or even yielding negative rates of tax ....

... For many years, the counties and the State have been bickering about how much support from the State’s transient accommodations tax (TAT) they should get ....

... Hawaii 9th-Highest State and Local Individual Income Tax Collections Per Capita ....

... House Bill 862 authorizes counties to impose a new hotel room tax of up to 3% ....

... the spotlight is moving toward Gov. David Ige .... 

... Hawaii’s Department of Taxation adopted rules in February 2021 to levy the state’s rental car tax onto peer-to-peer car sharing by interpreting car sharing platforms as being the lessor of the vehicles on the marketplace ....

... HB1019, creating a new OHA revenue stream at the expense of small dive-tour businesses, is quietly heading to conference committee ....

... Hawaii taxes 5th highest in USA ....

... our lawmakers are not stopping at just one Frankenbill ....

... Nobody's life, liberty or property are ever safe when our lawmakers get together, but there could actually be some bright spots this year ....

"...Hawaii increased the cap on its film incentives and decoupled from federal restrictions on research and development tax credits...."

... assembling bits and pieces from cadavers and then bringing it to life using some unexplained method ....

... State and Local Tax (SALT) Deduction Cap forces 11 million rich liberals to pay $670 billion in reparations for their decision to allow tax-and-spend Democrats to run their states, school districts, and municipalities .... 

... Why do our legislators never remember that in the Robin Hood stories, the tax collector was a villain? ....

... tax burden measures the proportion of total personal income that residents pay toward state and local taxes ....

"... The Aa2 rating on the State of Hawaii's general obligation bonds recognizes the significant fiscal challenges posed by the current health and economic crisis...."

... state policymakers are determined to raise taxes with bills such as SB56 and HB58. They say their hikes are aimed at 'the rich', but they’re not looking at the whole economic picture ....

... three guests invited by Hawaii Public Radio to talk about tax bills at the Legislature this year, including the notorious SB56, many parts of which have now been attached to HB58, creating a “Frankenbill” ....

... SB815 creates a “public education stabilization trust fund” ....

... A Grassroot Institute of Hawaii analysis finds Hawaii residents paid more than double the national average in state taxes during 2020 ....

... Keli’i Akina says House members should have aimed to pay off more debt instead of go on a record-breaking spending spree ....

... do people in high-tax states receive superior government services ....

... it is doubtful any of Hawaii’s proposed tax increases this year will, if enacted, achieve the goal of increasing state revenues. More likely, they will further damage the economy and prompt even more of our family, friends and neighbors to move away ....

... There are few things more nonsensical than encouraging doctors to leave a state during a pandemic, but that is exactly what the Hawaii State Legislature is doing .... 

“...Confiscation in Paradise: Move to Hawaii, pay the nation’s highest state income-tax rate....”

... the Hawaii Tax Review Commission conducts a systematic review of Hawaii’s tax structure ....

... Hawaii's Legislature is about halfway through its 2021 session, and if we're lucky, the good will outweigh the bad when it's over ....

... The $1.6 billion in federal funds allocated to the State in the American Rescue Plan Act (ARPA) provides a temporary reprieve for the State's financial crisis. ....

... Lawmakers may impose the highest income tax in the nation on Hawaii residents making over $200,000, and this may be damaging to Hawaii's health system ....

... a kind of crabs-in-the-bucket argument ....

"...It's going to discourage economic growth that has already stalled...."

“...Hawaii: First in taxation, last in affordability....”

... Some states have experienced meaningful revenue declines. But many don’t have losses to offset, so they would have to identify other ways to spend a large infusion of one-time money ....

... SB56 contains so many tax increases it's hard to fathom, yet at the end of the day, only one Hawaii senator opposed it ....

... Senate Bill 56, with the ominous title “Relating to Revenue Generation,” has been granted its first hearing by the Senate Ways and Means Committee ....

... The Hawai'i Legislature may be hard at work, but it looks like common sense is on vacation ....

... The measure allows employers to pay, on average, less than half of what they would otherwise pay into the system ....

... Lawmakers are planning to increase taxes and regulations this year, but there are better ways to help Hawaii's economy prosper ....

... Repeals the allocation of transient accommodations tax revenue to the counties ....

... “I am altering the deal.  Pray I don’t alter it any further.” ....

... many tax increases, fees, and surcharges that have been proposed this legislative session. Hawaii residents are already among the most taxed in the country; the state has the second highest overall tax burden in the U.S. ....

... If policymakers wish to avoid imposing taxes on these small business lifelines  they need to act quickly, as tax deadlines are fast approaching ....

... to cost the State at least $19,000,000,000 ....

... every proposal in the 2021 Legislature that would increase Hawaii's tax burden ....

... We need to start recognizing that this “dedicated funding source” rhetoric is taking us down the wrong path ....