Another Rainy Day Slush Fund
Many of us in Hawaii are aware that we have an Emergency and Budget Reserve Fund, enshrined in chapter 328L, Hawaii Revised Statutes, to save money for a “rainy day,” that is to say, an emergency. In the most recent … Read More
Ding Dong, the Green Fee is Dead
Environmentalists are bemoaning the apparent demise of the “Visitor Green Fee,” a $50 charge that would need to be paid by whoever, as a nonresident, wants to visit parks, beaches, scenic sites, and other places of natural beauty. Most of … Read More
Tax Relief, RIP
“Alas, poor Yorick! I knew him [well].” In Shakespeare’s Hamlet, Yorick was the court jester who had become a skull by the time Ophelia’s burial takes place and Hamlet talks about him. This legislative session, the same fate has befallen … Read More
ThinkTech Hawaii: A Requiem for Tax Relief (Talking Tax)
How it all Happened. The hosts for this show are Jay Fidell and Tom Yamachika. This legislative session, death has befallen the broad-based tax reform proposal that would have widened our income tax brackets, increased the standard deduction, and hoisted … Read More
Production Credit Hijinx
For a long time, Hawaii has had income tax incentives to encourage television, movies, and other productions to work their magic here in Hawaii. The production credit was enacted in 1988, at which time it was 4% of regular production … Read More