A Hawaiʻi state budget for dummies
In case you haven’t noticed, Hawaiʻi’s state budget is a very difficult thing to make sense of unless you’re trained as a forensic accountant. Thankfully, the Hawaiʻi Appleseed Center has released a Budget Primer to make things simpler.
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.
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.
The long struggle over taxing the rich
States’ taxes lean most heavily on poorer residents. These states are trying to change that.
‘Audacious’ tax relief plan advances at Hawaiʻi Legislature
The biggest proposed savings are in a bill from Gov. Josh Green that would boost all Hawaiʻi income tax bracket thresholds and increase the standard deduction along with the personal exemption.
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.
Biden’s spending bill could be a ‘game changer’ for housing in Hawaiʻi
The Build Back Better bill that the U.S. Senate is debating has the potential to make a huge dent in Hawaiʻi’s affordable housing needs, according to advocates.
How the ‘Build Back Better’ plan saves money and lives
The answer lies in an expansion of the strategy that held the line against poverty in 2020 and that helped America out of the Great Depression.
Here’s how tax increases are shaking out in the Hawaiʻi legislature
Senators moved to raise income taxes on high earners, and the House passed capital gains and inheritance tax increases.
Furloughs likely to worsen delays of unemployment, Medicaid and SNAP claims
Governor Ige’s plan to furlough state workers could further increase the already-maddening length of time it takes to process critical services like unemployment.
Hawaiʻi landlords rejecting $8M in overdue rent
Some island landlords have rejected about $8 million in direct payments to cover the rents they’re owed because they do not have general excise tax licenses and are not paying taxes on their rental income.
COVID-19 budget moves out for passage, but not without controversy
The allocations of the federal aid money drew criticism from social service agencies while the process of adopting the budget measure, using a method called gut-and-replace, riled others.
Will this be the year for tax breaks for the poor?
Bills that have sailed through the Legislature so far would boost taxes on the wealthy to pay for tax breaks for low-income families.
The Hawaiʻi Tax Fairness Initiative and SB648
Roger Epstein and Gavin Thornton visit Community Matters with Jay Fidell to talk about Tax Fairness and the work being done by the Hawaiʻi Appleseed Center for Law & Economic Justice on SB648 to help the working poor with working family, renters and food credits.