Governor Green enacts historic tax relief for working class
Taxpayers could see higher paychecks starting next year. However, the tax cuts raise concerns about how the state will manage to balance the budget in the years ahead.
The gap between median home prices and household income in Hawaiʻi? It’s ‘scary’
Based on Honolulu’s median home price of $1,085,800 and median family income of $120,100, the index said a mortgage requires 73 percent of the median paycheck.
Concerns rise for low-income families over legislature's recent tax cut measure
The cost of the tax cuts concerns some advocates. An analysis by the Institute on Taxation and Economic Policy estimated an initial annual revenue loss of $656 million, that balloons to close to $1.5 billion by 2030. That's about 10 percent of the state's total budget.
Lawmakers give final approval to a ‘historic’ income tax cut in long day of voting
The tax bill along with nearly 200 other measures now go to Gov. Josh Green for his consideration.
It’s being called Hawaiʻi’s biggest tax break, but some will get more help than others
Although pleased the inheritance tax reduction failed, Hawaiʻi Appleseed was unhappy that the reform bill delivers so much relief to people with the highest incomes.
In last-minute plea to Legislature, Maui’s mayor requests $125M for wildfire recovery aid
The request is getting a cool response amid pressure to do more for low-income residents.
Maui Mayor Richard Bissen is on the hot seat now. And rightly so
Community and labor groups hope to hold legislators accountable to local working families.
The last major tax bills still alive this session would cut income and estate taxes
It's a tight budget year and lawmakers are being criticized for advancing a major reduction in the state inheritance tax that would only benefit Hawaiʻi's wealthiest families.
What do estate tax cuts for the wealthy say about Hawaiʻi’s priorities?
Should the tax cut become law, it will speak volumes about our state’s priorities.
Advocates push to get a child tax credit through the Legislature this session
Family advocates, parents and a number of lawmakers say it’s time for a child tax credit in Hawaiʻi. Many of them gathered at the Capitol on Wednesday.
Lawmakers should embrace keiki credit
Given Hawaiʻi’s rising cost of living and the corresponding increase in child poverty, lawmakers should seize the opportunity to establish a state-level Child Tax Credit to provide tax relief for working families with children.
As Filipinos grapple with high rent, what is the state planning this legislative session?
Locals and new locals coming together in a limited space have produced the perfect storm for a rental crunch where low supply is lopsided by high demand, and the result is a hefty rental tag.
New report on cycle of poverty in Hawaiʻi urges state lawmakers to find solutions
Solutions include substantially increasing public financing of affordable housing, as well as the creation of a state level child tax credit.
The long struggle over taxing the rich
States’ taxes lean most heavily on poorer residents. These states are trying to change that.
Tenants facing eviction hope state will convert Kauaʻi’s Waipouli apartments to affordable housing
Affordable housing advocates are pressuring the State of Hawai‘i to purchase the apartment building and transform all 82 units into affordable housing.
In Hawaiʻi’s housing crunch, tenants are vulnerable to rent hikes and evictions
Advocates say the code lacks key policies needed in Hawaiʻi’s tight housing market, such as longer notice periods before someone can be evicted, caps on yearly rent increases and limits on the reasons landlords can evict tenants.
Vacant homes would be taxed at higher rate under possible city plan
Honolulu officials have been keeping an eye on how Maui has managed the issue.
Move ahead with care on tax relief
Legislators must ensure that the relief package makes the most of state resources, finding the right balance of lower taxes and the services that Hawaiʻi’s people need most.
While a tax hike to fund homeless services may not pass, housing advocates have a plan
When it comes to Hawaiʻi's conveyance tax rates, advocates say the state is low compared to other high-cost areas in the U.S.
Proposed tax increase to fund homeless services not likely to advance in legislature
SB678 received nearly 100 pages of written testimony, with only two testifiers opposing it.