Will Honolulu Hike Taxes Again (Hawaii Together)
New Tax Proposals at the Honolulu Council. The host for this show is Keli’i Akina. The guest is Tom Yamachika.
The Honolulu City Council is considering adding a new tier to its property tax structure, bringing into question whether “taxing the rich” is a good policy to pursue. At the same time, the county will decide whether to adopt a newly allowed county-level transient accommodations tax, of up to 3 percentage points above the existing 10.25% state TAT. Will it go for the entire 3 percentage points? And should the over-budget and behind-schedule Honolulu rail project get a portion of the revenues?
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