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Exodus of Hawaii residents cost the state $185 million in tax revenue

The ongoing departure of residents of Hawai’i is draining the state’s tax base. According to a research and planning officer at the Department of Taxation, Seth Colby, outmigration since 2020 ....

United States , Josh Magno , Aydan Lopes , Kailee Dudoit , Las Vegas , Chris Delaunay , Seth Colby , Department Of Taxation , Pacific Resource Partnership , Island News , Interim Executive Director , Relations Manager Chris Delaunay , General Excise Tax , Hawai I ,

Exodus of Hawai'i residents since 2020 results in $185M in lost tax revenue to the state : Maui Now

According to Seth Colby, Department of Taxation research and planning officer, outmigration since 2020 has resulted in the loss of $185 million in general excise taxes and state income taxes, or approximately $61.8 million per year. To place that amount into context, one percentage point of the Council on Revenues forecast, which determines how much can be spent on the state budget, represents approximately $100 million.          ....

United States , Kahului Airport , Josh Magno , Seth Colby , Economic Development , Hawaii Department Of Taxation , Hawaii Regional Council Of Carpenters , Department Of Taxation , Department Of Business , Council On Revenues , Pacific Resource Partnership , Hawaii Regional Council , Hawaii Department , Executive Director Josh Magno , Hawaii Exodous , Lost Tax Revenue , Lost Tax Revenue Hawaii , Outmigration Hawaii , Outmigration Hawaii Residents , Residents Leaving Hawaii ,

Exodus of Hawaii residents costs the state $185 million in tax revenue

The ongoing departure of residents of Hawai’i is draining the state’s tax base. According to a research and planning officer at the Department of Taxation, Seth Colby, outmigration since 2020 ....

United States , Chris Delaunay , Josh Magno , Kailee Dudoit , Las Vegas , Seth Colby , Aydan Lopes , Pacific Resource Partnership , Department Of Taxation , Island News , Interim Executive Director , Relations Manager Chris Delaunay , General Excise Tax , Hawai I ,

Exodus of Hawaii residents cost the state $185 million in lost tax revenue

The ongoing departure of residents of Hawai’i is draining the state’s tax base. According to a research and planning officer at the Department of Taxation, Seth Colby, outmigration since 2020 ....

United States , Josh Magno , Chris Delaunay , Seth Colby , Department Of Business , Economic Development , Department Of Taxation , Pacific Resource Partnership , Island News , Interim Executive Director , Relations Manager , Hawai I ,