Hawaiʻi’s two-tier tax system: How the rich use a glaring loophole to pay less
While teachers, nurses and service workers pay income tax on every dollar they earn, the wealthy can shield a large portion of their profits thanks to a special tax break on capital gains.
Transformative change meets budget realities—a central lawmaking tension plays out in two new reports
Policy in Perspective 2025 and the Hawaiʻi Budget Primer FY2025–26 provide a compelling—and sometimes sobering—look at how Hawaiʻi invests, and often under-invests, in its communities.
Can Hawaiʻi afford to cut the grocery tax?
Any proposal to reduce or remove the GET on food must be paired with a credible plan for replacing the revenue. It’s a challenge, but also an opportunity to build a fairer and more sustainable system.
Incoming federal tax cuts will heavily favor Hawaiʻi’s wealthiest residents
The State of Hawaiʻi has an obligation to shore up its revenue through tax policies that make the wealthiest among us pay their fair share.
How looming Federal cuts could impact housing in Hawaiʻi
If enacted, these cuts would gut rental assistance, eliminate key affordable housing development programs and slash funding for homelessness services.
Proposed Trump tax cuts will overwhelmingly benefit the top 1 percent
As millions of Americans file their taxes this April, both the U.S. House and Senate have passed budget resolutions that open the pathway for a massive tax giveaway for the wealthiest people in the country.
Hawaiʻi should close tax loopholes for multinational corporations
Multinational corporations make huge profits from the business activity they conduct in Hawaiʻi, while dodging the taxes they should be paying to support our state.
How Hawaiʻi’s hardworking undocumented immigrants support our economy and communities
A new report from the Institute on Taxation and Economic Policy lifts up the significant tax contributions that undocumented immigrants make to our federal, state and local governments through the taxes they pay each year.
Hawaiʻi’s elected leaders buy-in to costly “trickle-down” myth
Passing an “historic” tax cut that mostly benefits the wealthiest Hawaiʻi residents is not the path to a healthy economy that works for working people.
How Hawaiʻi is funding its $24 billion FY23 budget
The legislature not only decides where money is spent, but also makes many of the decisions about who pays how much to support the budget.
Spending trends for Hawaiʻi’s children show we have lots of room for improvement
Our future depends on public investments in our children, but progress has stalled since the Great Recession.
Tax fairness is popular and needed for Hawaiʻi’s future
Most taxpayers agree that a fair and effective tax system is a critical part of building Hawaiʻi’s future.
Hawaiʻi budget challenges: tax revenues, fixed costs, state salaries
The pandemic’s effects on the economy will make passing a balanced budget more challenging than ever.
How to plug Hawaiʻi’s budget gap while preserving critical services like education
There’s no doubt that the recession has punched a hole in Hawaiʻi’s state budget, but there are ways to plug the gap without cutting critical services.
Cutting state contracts would hurt the private sector economy
Cutting contracts with nonprofit organizations that provide essential services would be as devastating to the economy as cutting state worker hours.
Setting the stage for a crucial June special session
CARES Act funds must be spent by the end of December, and careful decisions need to be made to address critical needs in our community.
Trump’s Public Charge rule could cost Hawaiʻi tens of millions in revenue
The financial cost of the rule change is in addition to the harm done to the health and resilience of immigrant families through the “chilling” effect on benefits-use that has already been documented in Hawaiʻi.
No cause for panic: Hawaiʻi’s economy is OK
A quarter of slow growth is no reason for lawmakers to forgo important economic justice measures like raising the minimum wage.