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.
The big budget trouble with HB2404’s over-broad and sweeping tax cuts
Last minute changes to the bill, made without public scrutiny, will increase its cost by nearly eight-fold, while higher-income households will get a far bigger benefit than those struggling to make ends meet.
Congress restores eligibility to federal benefits for COFA citizens
President Biden’s recently passed spending bill comes with long-awaited good news for citizens of COFA nations, who are now—once again, after nearly three decades—eligible for federal benefits.
Trickle-down estate tax break bills are bad policy for Hawaiʻi
After decades of evidence, we know “trickle-down” economics is a smokescreen to aid the wealthy in creating preferential tax policies.
Leverage Hawaiʻi’s conveyance tax to equitably fund affordable housing, land conservation and infrastructure needs
The legislature has the opportunity this session to raise revenue to pay for much needed affordable housing—as well as land conservation and infrastructure—by increasing conveyance tax rates on investment properties.
Congress considers making the federal Child Tax Credit refundable; Hawaiʻi considers Keiki Credit
H.R. 7024 is a reminder that the Child Tax Credit is a widely popular program with proven anti-poverty benefits.
Hawaiʻi state budget highlights, 2017–19
Hawaiʻi’s budget is the blueprint for our current and future prosperity, and is an economic engine in itself, making up 20 percent of the state’s gross domestic product.