Taxes

... “Good riddance!” ....

... The best news to come out of it was that our lawmakers passed a major income tax-relief bill, HB2404, which Gov. Josh Green is almost certain to sign because it was part of his much-touted "Green Affordability Plan." ....

"... ALICE families will experience firsthand one of the biggest tax cuts in the State’s history ...."

... exempts hospitals, infirmaries, medical clinics, health care facilities, pharmacies, and medical and dental providers from General Excise Tax (GET) on goods or services that are reimbursed through Medicaid, Medicare, or TRICARE ....

... At the end of this month, the Legislature wraps up and we see what gets sent to Gov. Green’s desk for signature or veto ....

... at least five bills strongly supported by my colleagues and I at the Grassroot Institute of Hawaii were passed out of conference committees and now will go for final votes at the House and Senate floor sessions ....

... Resolution 24-78 would set property tax rates for the coming year ....

... County officials are seeking significant property tax increases while doing virtually nothing to cut spending or spend wisely ....

... the GET makes practicing in Hawaii so financially challenging, causing many Hawaii doctors to retire or move away ....

... I became convinced that the proceedings, or at least this part of them, were prearranged ....

... Tax hikes would burden average Maui homeowners the most ....

“...if you look through the bill, it’s a bunch of blank spaces. It says conveyance taxes will increase by blank percent. Or short-term rental taxes are gonna have a blank percent tax on them....”

... ThinkTech has fallen victim to a phenomenon that has plagued many nonprofits including the Tax Foundation of Hawaii:  a drop in donor funding ....

... the state’s estate or “death” tax can force their heirs of local businesses to sell off the assets of their companies ....

... Here are the top videos that were posted in March ....

... highlights, frustrations at 2024 Legislature ....

... Comerford said his 45 years of living in Hawaii and 25 years of being a business owner are likely to end due to a recent state decision to collect taxes on federal Restaurant Revitalization Funds received during the COVID-19 lockdowns ....

... Gov. Josh Green addressed the tax and migration issues in his policy brief issued last month. One of his solutions is indexing the state's income tax for inflation, he said ....

... TABOR, a constitutional amendment approved by Colorado voters in 1992, limits the growth of government by limiting tax increases ....

... This is an issue here in Hawaii because our individual income tax rates can go up to 11%, second highest in the nation ....

... more than 500 companies with commercial use permits from the DLNR Division of Boating and Ocean Recreation (DOBOR), began collecting one dollar from each passenger or customer ....

... Overall Tax Burden 11.80% ....

... HB 1675: GET exemption for medical services paid for by Medicare, Medicaid, and TRICARE ....

...When government is finally saying it is the problem, it’s on the right track to finding a solution....

... outmigration since 2020 has resulted in the loss of $185 million in general excise taxes and state income taxes, or approximately $61.8 million per year ....

... some bills replace a current tax rate with a blank.  Or several blanks.  Those are scary because you don’t know what our lawmakers are thinking of putting in there ....

... the sixth person charged in connection with the investigation into a group tied to Dexter Kiama and David Keanu Sai ....

... states with the Best & Worst Taxpayer Return on Investment in 2024 ....

... there are bills advancing that would, if enacted, fundamentally change how Hawaii’s estate tax works ....

"... will come at an extraordinary cost ...."

... the County recognized over $56.9 million of MCTAT revenue on its financial statements. However, as of June 30, 2022, only $40 million (1) was actually deposited ....

... supporting HB 1675 as the first step in getting rid of GET for medical services ....

... Here’s how the strategy works ....

... for middle income earners, taxes take 13.62% of income--highest in the USA ....

... two proposals that would increase the transient accommodation tax, known as TAT ....

... trampling on taxpayers’ rights ....

... Hawaiʻi Department of Taxation Encourages Hawaiʻi Families to Claim Available Tax Credits ....

... House Bill 2406 would impose a $25 "transient accommodation tax," also known as a TAT, on top of the 10.25% TAT that is already in place ....

... good housing bills, awful tax bills at Legislature ....

... The Counties all oppose this bill ....

... since 2007, not one thin dime has been spent out of the school impact fees collected ....

... It used to be that you could trust the Legislature to not raise taxes during an election year ....

"... they’re not providing a very efficient source of revenue ...."

... the process to separate the wheat from the proverbial chaff has begun ....

... reduce housing regulations, support reform of the federal Jones Act and cut taxes ....

... restaurants hit with surprise tax bill applicable to the financial aid received under federal Restaurant Revitalization Fund .... 

... Will this be the year that we finally start to see positive big changes — or are we going to see more taxes, more spending, more regulations? ....

... the Carbon Disclosure Project ....

... Maui County surcharge and GET is 4.5% as of Jan. 1, 2024 ....

... In the 2023 legislative session, that legislation was amended beyond recognition in both the House and Senate ....