Taxes

Senate 21-4 : House 39-12

...Total federal income tax breaks from 2008 through 2012: $4.2 billion....

A few days ago, the United States Tax Court decided a case that is important to small business owners....

Watch HART try to pitch a Property Tax hike in order to make the GE tax seem palatable....

"While tobacco use among Hawaii’s public middle and high school students has declined over the past decade, e-cigarette use has been increasing rapidly."

Perhaps the largest expenses these operators are forbidden from deducting under § 280E are the excise taxes and license fees they pay to the state....

...HB321, SD2 proposes a 15% gross proceeds tax and a 10% special sales tax on so-called 'medical' marijuana sold in Hawaii....

Hawaii levies the second highest tax burden in the country on its low-income families. A major reason for this is the General Excise tax....

A new 50-state study, Undocumented Immigrants’ State and Local Tax Contributions, by the Institute on Taxation and Economic Policy....

HB145 has quite a history. It started as a bill to limit the tobacco tax on large cigars to 50 cents per cigar....

This year’s edition of the Index pulls together 23 different tax measures....

Many states have a graduated system — the most complicated one is Hawaii....

...three states have ten or more tax brackets, led by Hawaii with twelve....

Senators Russell Ruderman, Glenn Wakai, Lee Ihara, Mike Gabbard and Gilbert Keith-Agaran voted in the affirmative but with reservations.  A no vote at this stage serves to exclude the person voting no from participating in the Conference Committee....

HB134 will be voted on this Tuesday - 4/14 - in the State Senate....

...we are getting closer to a resolution on the two bills that are seeking to extend the life of the 0.5% Oahu county surcharge on our general excise tax....

The only way to contain costs is to force HART to live within its current means....

The Hawaii GET taxes many products multiple times and, by one estimate, ultimately taxes 99.21 percent of the state's personal income....

"It brings relief to our beleaguered taxpayers and small businesses, and balances our state finances in the long term."

Hawaii will be the 25th state to reach Tax Freedom Day, 5 days earlier than national average....

...the State used to administer the property tax back in the dark ages until the 1978 Constitutional Convention....

...if HB1471 passes we are looking at a total tax of $53.2 million, which is an increase of about 25%....

HB 169 would gradually raise the transient accommodations tax for resort time share vacation units to 9.25%....

...The current trend of increasing state and county revenues via various state tax increases and surcharges represents the sort of short-term planning that inevitably leads to economic troubles....

A report on the top state issues of 2015....

...an analysis of each new special or revolving fund proposed by legislative bills....

...Hawaii’s Supreme Court ruled decisively in favor of online travel companies....

...Sand Should Return with Trade Winds....

...0.25 per cent rate, beginning January 1, 2017. Amends the administrative fee for the collection of a county surcharge by the State....

... hundreds of little (and in some cases, not so little) pots of money sprinkled throughout Hawaii's departments, agencies, and other governmental units ....

...Hawaii Appleseed is making solid progress advancing important legislation to benefit low-income people in our state....

This translates to an additional $191.4 million in anticipated revenues to the state general fund for fiscal biennium 2016-17....

...IRS is seeking volunteers to serve on the Taxpayer Advocacy Panel, a federal advisory committee that identifies major taxpayer concerns and makes recommendations for improving IRS service....

In Hawaii a number of us are fascinated with gambling....

...And the poorer you are, the more of your income goes to GE Tax....

During floor session today (March 5th, 2015) after 1:00 PM, House Finance Chair stood up and requested a waiver of the 48-hour requirement to hear an agenda of bills with just one hour of notice....

...a nonpartisan effort to make the state budgeting process accessible to the public by putting state budget facts and figures online, in real time....

The Legislature is considering several bills that would add increases or surcharges to the Hawaii General Excise Tax (GET)....

...the proposed laws could actually increase obesity by increasing poverty....

Also in the H&R Block report is the news that the individual mandate penalty is averaging $172. This is likely to rise in future years....

Under SB358, gas will be taxed more heavily than oil....

...we are exporting around 15%-20% of our general excise tax....

... According to ITEP, payment of sales and excise taxes takes up an average of 11% of family income for the poorest 20% of earners ....

The fasted growing type of pass-through business is the S corporation....

We have good news to share about our fights against unfair taxes and regulation....