Two Senate Committees gutted a tax bill and replaced its contents with language that will increase the general excise tax by up to 25%. HB 2877 is the bill that the Senate Committees on Consumer Protection and Econmic Development and Technology decided to use as a vehicle for this heinous tax increase.
The following Senators voted to increase the general excise tax:
Consumer Protection Committee: Senator Baker, Senator Ige, Senator Espero, Senator Ihara, Senator Sakamoto and Senator Green (WR).
Economic Development & Technology Committee: Senator Fukunaga, Senator Baker, Senator Ige
Hawaii taxpayers should not be paying more taxes. We are in an economic slump as is. Hawaii is also one of the highest taxed states in the union. We cannot afford to keep paying more.
Additional Links:
- Senate Committees vote to Hike GE Tax by 22 to 25% - Hawaii Free Press
- State Senate Panel Pass Increase in General Excise Tax - Honolulu Star-Bulletin
- Status Sheet on HB 2877 | Testimony Link
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