General Excise Tax

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Maui Mayor Michael Victorino is asking the state Legislature to extend a deadline that will allow the county to impose a general excise tax surcharge on business activities such as sales of products.

The State Legislature is at the one-third mark of its 60-day session.  Today, lawmakers met to pass nearly one thousand bills to be sent to the opposite chamber for further consideration.  HPR’s Wayne Yoshioka reports.

 

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A proposal currently with the state Senate would drastically increase funding for Hawaii’s public schools. SB 1474 would raise the state’s general excise tax, or GET, by 0.5%. It’s estimated that the increase would generate up to $350 million in revenue annually, with $200 million going to the Department of Education.

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Low-income residents in Hawaii are paying a higher share of their income in taxes than higher level earners. That is the conclusion of a recent report from the Institute on Taxation and Economic Policy titled Who Pays?  The Hawaii tax system is considered highly regressive, due to heavy reliance on the General Excise Tax, or GET. This is despite a progressive, graded state income tax and the lowest property taxes in the nation. 

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Community meetings on Hawaiʻi County's General Excise Tax bill are set for this week.

House and Senate Disagree on Honolulu Rail Funding

May 2, 2017
Wayne Yoshioka

The State Senate and House today each advanced separate measures to fund Honolulu’s Rail Transit System.   As HPR’s Wayne Yoshioka reports, lawmakers must agree on one measure before adjournment Thursday or leave the project with no funding source.

The Conversation: Thursday, April 14th, 2016

Apr 14, 2016
Hawaii Public Radio

State Legislature Caregiver Act; New Novel from Hawaiian Author; Hawaii County GET Increase

HB 2252, Designated Caregiver Act: Barbara Kim Stanton of AARP

Wayne Yoshioka

The cost of long term care in Hawai’i averages more than 10-thousand dollars a month, according to AARP.   And some lawmakers want to help.   HPR’s Wayne Yoshioka reports.

State Senate Passes Rail Bailout Measure

Mar 10, 2015
Wayne Yoshioka

The State Senate passed 345 bills today which will be sent to the House of Representatives for consideration in the next month.  But the longest debate among lawmakers was the measure to bailout Honolulu’s Rail Transit Project.  HPR’s Wayne Yoshioka reports.