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Thursday, October 21, 2010
Cost of Hanabusa’s tax hike: $1,784 per family per year
By News Release @ 6:18 PM :: 9015 Views :: Maui County, Education K-12, Energy, Environment, National News, Ethics

HAWAII CANNOT AFFORD COLLEEN HANABUSA IN CONGRESS #2

Hanabusa a Rubber Stamp for Tax Increases and Promises More Tax Hikes on Small Businesses

From www.GOPHawaii.com

Colleen Hanabusa has made it no secret that she favors allowing the Bush tax cuts to expire – particularly on small businesses and job creators.

Hanabusa has voted for every tax increase that has come before her in the past four years. In every debate thus far in the General Election, Hanabusa has vowed to let tax rates go up, particularly on small businesses and job creators.

According to the non-partisan Tax Foundation, the tax burden for the average working family in Hawaii’s First Congressional District where Charles Djou lives would be $1,784 higher if tax rates are allowed to increase at the close of this year—if Congress does nothing, as it is currently poised to do.

Hanabusa claims to only want to soak the ‘rich.’ The truth is, according to the Joint Tax Committee, more than half of the so-called ‘rich’ that Hanabusa and liberals in Congress want to tax are small business owners filing as individuals. Raising taxes in the midst of an economic downturn is never a good idea, but to raise taxes on small businesses – the engine of our economy which is responsible for 70% of all new jobs in America– is a terrible idea.

With each debate, each passing day, it becomes increasingly clear to the voters of Hawaii that they cannot afford more of the same – they simply cannot afford Colleen Hanabusa’s tax-and-spend agenda.

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