Honolulu empty homes tax proposal advances
At 3 percent, annual revenue could be about $180 million, according to a recent estimate from Hawaiʻi Appleseed.
Raise your awareness with the Hawaiʻi Budget Primer 2024
The pamphlet’s cover page says that it is written for “Candidates, Elected Officials and Concerned Members of the Public.” Lots of us in the public should be concerned. It’s your money, after all. The work is easy to understand and is a worthwhile reference.
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.
Lawmakers, nonprofit holding virtual forum to educate, engage public in crafting Hawaiʻi’s People’s Budget
On Sunday, state lawmakers will host a virtual forum in partnership with Hawaiʻi Appleseed Center for Law & Economic Justice to discuss crafting of a “People’s Budget” for the 2025 legislative session.
State Budget 101: New handbook simplifies process for curious citizens
State Rep. Della Au Belatti and Hawaiʻi Appleseed Deputy Director Will White stop by HPR to invite people curious about the budget to get in on the shortcut to understanding.
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.
Hawaiʻi lawmakers spent big on public schools this year
But education advocates said the Legislature did little to address problems such as school bus driver shortages, fire safety and the need for more preschool teachers.
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.
Rethinking Hawaiʻi’s conveyance tax
Hawaiʻi stands at the critical decision point in investing in our housing needs: The enactment of HB2364 holds the promise of a brighter, more inclusive future for all residents.
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.
Proposed short-term rental rules on Big Island met with overwhelming opposition
The county’s first attempt to regulate short-term rentals was in November 2018 with the passage of Bill 108, which included some recommendations from a March 2018 Hawai‘i Appleseed report.
County Council forwards proposed changes to short-term rental regulations to planning commissions, director
The county’s first attempt to regulate these short-term rentals included recommendations from a 2018 Hawai‘i Appleseed report that provided an overview of impacts from the rentals on the state’s housing market.
Rebalance Hawaiʻi’s upside-down tax code to achieve prosperity for all
We are the third-worst state when it comes to taxing struggling working families.
Big Island lawmakers attempt to rein in short-term vacation rentals
Supporters say new limits are needed to increase the island's affordable housing stock, while opponents fear negative economic consequences.
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.
Study: Low wages a threat to ‘heart and soul’ of society in Hawaiʻi
The report concludes that chronically low wages have prevented Hawaiʻi’s working families from thriving, and that the effect of poverty on children has ramifications for future generations.