Tag: tax

  • Tax Reduction, RIP

    Picture by studiogstock on Freepik article prime “Alas, poor Yorick!  I knew him [well].” In Shakespeare’s Hamlet, Yorick was the courtroom jester who had turn into a cranium by the point Ophelia’s burial takes place and Hamlet talks about him.  This legislative session, the identical destiny has befallen the broad-based tax reform proposal that might…

  • Basic excise tax exemptions flatline for groceries and medical companies

    article high By Keli‘i Akina As Shakespeare may need put it: “Buddies, neighbors, taxpayers, lend me your ears. I’ve come to bury the Hawaii Legislature, to not reward it. The unhealthy legal guidelines our legislators enact dwell after them, whereas the great are oft interred in committees.” inline Keli’i Akina That’s actually what occurred to the numerous…

  • Counties can afford, ought to prioritize property tax reduction

    article prime By Keli‘i Akina Nobody likes the thought of our county governments making the most of Hawaii’s excessive value of dwelling.  inline However that’s what will occur quickly until we engineer some property tax reduction. Because of greater property assessments statewide, Hawaii householders and others are dealing with large will increase of their property…

  • Hope for Tax Reduction Nonetheless Alive

    Scissors slicing phrase tax on blue background. Enterprise, finance and revenue idea. Flat design. EPS 8 vector illustration, no transparency article prime Within the fast-paced, chaotic world that’s the Hawaii Legislature this time of 12 months, it’s troublesome to make any predictions about something.  However there appears to be a glimmer of hope that some…

  • The Case for Conveyance Tax Hikes

    article prime We’ve just lately handed the midway level within the present legislative session.  Lots of the extra outlandish or ruinous tax proposals have fallen by the wayside.  Many tax proposals stay, primarily having to do with tax aid or credit.  There are, nevertheless, just a few tax hike proposals nonetheless shifting. In lots of…

  • PILOT for Actual Property Tax

    article high In late 2021, the Metropolis & County of Honolulu’s Actual Property Evaluation Division inspectors took a take a look at a number of parcels of land on which photo voltaic farms and different renewable power tasks had been constructed.  The inspectors famous that the land had been granted a super-duper low charge for…

  • Tax cuts are higher than tax credit

    article prime By Keli‘i Akina Gov. Josh Inexperienced’s massive tax plan, the “Inexperienced Affordability Plan,” guarantees to place$300 million again into taxpayers’ pockets, making it one of many largest tax reductions in Hawaii historical past. inline However can the GAP dwell as much as that promise? For the previous a number of years, the Grassroot…

  • Scale back property tax charges to offset greater property values

    article high By Keli‘i Akina Hawaii’s inhabitants has been declining for six straight years, and if policymakers don’t do one thing rapidly to avert the looming enhance in county property taxes, that’s prone to proceed. inline That’s as a result of taxes are a key element of Hawaii’s excessive value of dwelling, which surveys present is the No. 1 motive individuals…

  • Are your tax {dollars} lobbying for the Jones Act?

    article prime Salacious particulars hold rolling in from the hundreds of pages of Jones Act-related emails obtained from the U.S. Maritime Administration by means of a Freedom of Data Act request made by Cato Institute researchers. The most recent revelations concern makes an attempt in early 2019 by then-MARAD Deputy Administrator Richard Balzano to hinder…