Hawaiʻi lawmakers debate Gov. Green’s freeze on income tax cut
Because lower tax rates through this year will continue at the 2026 level beyond this year, Green’s office said Hawaiʻi families will save $5.4 billion over the next five years after $1.5 billion this year under his proposal.
Green suggests Hawaiʻi might scale back on income tax cuts
The governor also says he will likely tap into the state’s “rainy day” reserve to draw down hundreds of millions of dollars to balance the state budget.