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Honolulu empty homes tax proposal advances
At 3 percent, annual revenue could be about $180 million, according to a recent estimate from Hawaiʻi Appleseed.
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Report backs empty-homes tax to address housing crisis on Oʻahu
To address investment-driven purchases and support affordable housing for working families, Appleseed recommended a 3–5 percent tax, which could generate annual revenue ranging from $183 million to $305 million.