Invest or Spend?

By Lowell L. Kalapa      The other week, the Economic Revitalization Task Force had its day before the House Finance Committee to explain its proposals and in particular to explain why the legislature should cut income tax rates and raise … Read More

Ignoring the Financial Situation

By Lowell L. Kalapa Despite all the media coverage and all the speeches by public officials telling us how bad the shape of the state’s finances are, there continues to be those who totally ignore the fact that the state … Read More

Healing the Economy is Everyone’s Goal

By Lowell L. Kalapa It seems that proponents of the Economic Revitalization Task Force are trying to portray those who do not support the general excise tax rate increase as being against the Task Force package of ideas and therefore … Read More

High Hopes But No Money

By Lowell L. Kalapa Last week the students of Konawaena High School hosted an economic summit of students from around the Big Island with attendees from Waiakea and Laupahoehoe High School. Their mission was to put together an agenda of … Read More

Hurt Should Be Felt By All

By Lowell L. Kalapa We received an interesting query the other day about the general excise tax, decrying the fact that the 4% tax is levied on food and nonprescription drugs especially in light of the Economic Revitalization Task Force’s … Read More

How About Having The Man Behind the Tree Pay?

By Lowell L. Kalapa One of the major arguments supporters of the Economic Revitalization Task Force like to use to sell the tax package and the increase in the general excise tax is that the increase will help shift the … Read More

General Excise Tax is Not a Sales Tax

By Lowell L. Kalapa Last week, we took a look at the general excise tax rate increase proposed by the Economic Revitalization Task Force that would hike the rate from 4% to 5.35% and noted that it was the “effective” … Read More

General Excise Increase is Hard Pill to Swallow

By Lowell L. Kalapa One of the major hurdles facing the recommendations of the Economic Revitalization Task Force is the component that proposes to raise the general excise tax rate from 4% to 5.35%.      Although the proponents of the … Read More

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