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Hawaii Governor Weighs Income Tax Increases On Wealthy Residents - Honolulu Civil Beat
Hawaii Governor Weighs Income Tax Increases On Wealthy Residents
Ige’s chief of staff also suggests upping the “barrel tax” on fossil fuels to help balance the budget. Reading time: 3 minutes.
You can add a possible income tax increase for wealthier residents and perhaps a bump in the state tax levy on imported oil to the list of tax increases that Gov. David Ige is considering to cope with the state budget shortfall.
In a House Finance Committee hearing on Tuesday, Ige Chief of Staff Linda Chu Takayama was asked which tax increases the administration might ask lawmakers to approve in the legislative session that begins Jan. 20.