Hawaiʻi Budget & Policy Center @hibudgetcenter
Tax and budget policy analysis in Hawai‘i // housed at @hiappleseed // a @CenterOnBudget @StatePriorities network affiliate. hibudget.org Honolulu, HI Joined August 2018-
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A letter to the editor in today’s Star-Advertiser that nails the issue with the Estate Tax giveaway bill, HB2653. #FundOurFuture staradvertiser.com/2024/04/18/edi…
Far from leading to any kind of “trickling down” of benefits from the wealthy to working families, history shows that tax policies favoring the rich hollow out the working class and diminish tax revenue that pays for public programs and services.
Far from leading to any kind of “trickling down” of benefits from the wealthy to working families, history shows that tax policies favoring the rich hollow out the working class and diminish tax revenue that pays for public programs and services.
“Recent polling shows that 2 in 3 Hawaiʻi voters believe elected officials care more about ʻwealthy donors’ than the ʻneeds of their communities.’ If our legislators pass HB2653, they will have proved those voters right,” writes Kim Coco Iwamoto staradvertiser.com/2024/04/10/edi…
The measure is scheduled for another floor vote today, but it is not certain that the House will again vote to approve it. Tell your lawmakers to reject estate tax giveaways for the rich at bit.ly/hitaxfairness #TaxTheRich #FundOurFuture
It is unconscionable to be offering a $43 million tax estate cut to the richest 0.2% of households while killing bills that would help the working class for far less money and asking for state departments to tighten their budget belts. It’s bad for our economy AND our democracy.
It is unconscionable to be offering a $43 million tax estate cut to the richest 0.2% of households while killing bills that would help the working class for far less money and asking for state departments to tighten their budget belts. It’s bad for our economy AND our democracy.
Lawmakers have asked state departments to prepare for the possibility of devastating 10–15% across-the-board budget cuts. The Great Recession showed how damaging this would be to the economy. Simultaneously offering the richest 0.2% of households an estate tax cut is madness.
Lawmakers have asked state departments to prepare for the possibility of devastating 10–15% across-the-board budget cuts. The Great Recession showed how damaging this would be to the economy. Simultaneously offering the richest 0.2% of households an estate tax cut is madness.
🚨🚨🚨 Submit testimony in opposition to SB3289 TODAY before 1 pm. Then use bit.ly/hitaxfairness to automatically send an email and make a phone call to your state house rep telling them to oppose this dangerous estate tax giveaway for the richest among us. #TaxTheRich
Given the legislature’s need for new revenue sources, closing the #CapitalGains loophole is a common-sense way to raise taxes on those who can afford it, without impacting working families that are already burdened by regressive taxes such as the GET. hiappleseed.org/blog/hawaii-ca…
“If it becomes law, Hawaii would follow other states and cities to either repeal or reform jaywalking in VA, CA, NV, Denver, Anchorage and Kansas City, MO—representing about 52 million residents, according to a study by Hawai‘i Appleseed.” #FreedomToWalk staradvertiser.com/2024/03/19/haw…
“The legislature has a pivotal opportunity to address Hawaiʻi's acute shortage of #AffordableHousing by reevaluating conveyance tax rates on the sale of multimillion dollar investment properties,” writes Appleseed senior policy analyst Arjuna Heim. hawaiitribune-herald.com/2024/03/17/opi…
The Hawaii State Senate CPN committee is considering a bill that would dramatically expand the estate tax loophole here, allowing multimillion businesses to be passed down to heir tax free. HB2653 is a dangerous bill that should be deferred.
The Hawaii State Senate CPN committee is considering a bill that would dramatically expand the estate tax loophole here, allowing multimillion businesses to be passed down to heir tax free. HB2653 is a dangerous bill that should be deferred.
We can easily afford to pay for both universal free school meals and the Keiki Credit by taxing capital gains at the same rate as regular income. #TaxFairness is about how we #FundOurFuture. And our keiki are the future.
We can easily afford to pay for both universal free school meals and the Keiki Credit by taxing capital gains at the same rate as regular income. #TaxFairness is about how we #FundOurFuture. And our keiki are the future.
Here's why a pair of estate tax breaks for the rich (HB2652 & HB2653) working their way through the Hawaiʻi State Legislature are bad policy for Hawaiʻi. HB2653 has a hearing in the CPN committee tomorrow. hiappleseed.org/blog/hawaii-tr…
Our latest report covers how our local enforcement of state jaywalking laws is costing Hawaiʻi taxpayers money, while doing nothing to prevent pedestrian traffic deaths. We need a paradigm shift in our thinking about who streets are for. #FreedomToWalk hiappleseed.org/publications/f…
HB1660 (capital gains tax reform) and HB1662 (the Keiki Credit) both advanced out of the House Finance Committee last week. If they pass two readings in the House, they will cross over to the Senate. Find out more in this tax & budget policy update: youtu.be/GJmzFll8GD8
How have jobs, wages and costs changed from before the COVID pandemic compared to after? These 10 charts show changes from 2019 to 2022 that have affected livability for Hawaiʻi residents. #CostOfLiving #PeopleFirst hiappleseed.org/blog/hawaii-is…
HB2364 would leverage the conveyance tax on investment properties—which are usually bought by nonresidents—to power affordable housing development. Call Rep. Yamashita and ask him to schedule the bill in FIN: 808-586-6200 Or use: bit.ly/hitaxfairness hiappleseed.org/blog/hawaii-co…
All right! We’ve got a hearing for #UniversalFreeSchoolMeals! Submit testimony in strong support of HB1775 HD1! House Committee on Finance Friday, Feb. 23, at 1:00 p.m. Talking points at hiappleseed.org/universal-free… #FoodEquity #FoodPolicy #Antihunger #KeikiHealth #SchoolMeals
🚨 FIN has scheduled two critical #TaxFairness bills for a hearing on Wed., Feb. 21 at 2 p.m.! Submit testimony at capitol.hawaii.gov! Talking Points: HB1662, Keiki Credit: hiappleseed.org/keiki-credit HB1660, Capital Gains Tax Reform: hiappleseed.org/capital-gains-… #FundOurFuture
Lawmakers, advocates and working families gathered at the Hawaiʻi State Capitol on Feb. 14, 2024, to support a proposal to establish a state-level #ChildTaxCredit—or Keiki Credit. Hear why the community supports this proposal and why lawmakers should too. youtu.be/p_hSXQGZGEs
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2K Followers 2K Following Deputy Director @ITEPTweets/@taxjustice. Steering cmte @4TaxFairness. Formerly @CenteronBudget @NJPolicy. @DrPsychMom is my better half.A letter to the editor in today’s Star-Advertiser that nails the issue with the Estate Tax giveaway bill, HB2653. #FundOurFuture staradvertiser.com/2024/04/18/edi…
Expanding the estate tax exemption—as proposed in HB2653—is the wrong choice for Hawaiʻi and would curb our ability to combat rising income inequality, while depriving our budget of much needed revenue. We should instead raise taxes on the super rich. hiappleseed.org/publications/c…
As multi-millionaire business owners continue to blatantly lie about the purpose of HB2653, penning ludicrous op-eds that invent entirely ridiculous scenarios to try and justify an obvious money grab by the wealthiest 0.2%, we are glad to finally have some facts out there:
Expanding the estate tax exemption—as proposed in HB2653—is the wrong choice for Hawaiʻi and would curb our ability to combat rising income inequality, while depriving our budget of much needed revenue. We should instead raise taxes on the super rich. hiappleseed.org/publications/c…
“We do not need more tax loopholes and bigger tax breaks; we need to simply pay our fair share of taxes.”
“It is incredibly tone deaf to give huge tax breaks to Hawaiʻi’s wealthiest heirs when the Legislature is facing so many urgent needs in our community, first and foremost the recovery of West Maui.”
“As one of the wealthy supporters of this bill reminded legislators during a hearing: ʻIf you go to any fundraiser, you will see Hawaiʻi family businesses.’”
“Recent polling shows that 2 in 3 Hawaiʻi voters believe elected officials care more about ʻwealthy donors’ than the ʻneeds of their communities.’ If our legislators pass HB2653, they will have proved those voters right,” writes Kim Coco Iwamoto staradvertiser.com/2024/04/10/edi…
The measure is scheduled for another floor vote today, but it is not certain that the House will again vote to approve it. Tell your lawmakers to reject estate tax giveaways for the rich at bit.ly/hitaxfairness #TaxTheRich #FundOurFuture
It is unconscionable to be offering a $43 million tax estate cut to the richest 0.2% of households while killing bills that would help the working class for far less money and asking for state departments to tighten their budget belts. It’s bad for our economy AND our democracy.
“If we want an economy in which Hawai‘i’s working families can make ends meet, we need to align our policy with our values. We missed opportunities to gain ground this year. We cannot afford to walk backwards with estate tax cuts for the wealthy few.” civilbeat.org/2024/04/what-d…
“If we want an economy in which Hawai‘i’s working families can make ends meet, we need to align our policy with our values. We missed opportunities to gain ground this year. We cannot afford to walk backwards with estate tax cuts for the wealthy few.” civilbeat.org/2024/04/what-d…
🚨🚨🚨 Submit testimony in opposition to SB3289 TODAY before 1 pm. Then use bit.ly/hitaxfairness to automatically send an email and make a phone call to your state house rep telling them to oppose this dangerous estate tax giveaway for the richest among us. #TaxTheRich
Given the legislature’s need for new revenue sources, closing the #CapitalGains loophole is a common-sense way to raise taxes on those who can afford it, without impacting working families that are already burdened by regressive taxes such as the GET. hiappleseed.org/blog/hawaii-ca…
The richest 0.1% of Americans now hold nearly as much wealth as the bottom 90% of families combined. The Ultra-Millionaire Tax Act aims to make the ultra-wealthy pay their fair share in taxes on their wealth the same way most people do on work.
“If it becomes law, Hawaii would follow other states and cities to either repeal or reform jaywalking in VA, CA, NV, Denver, Anchorage and Kansas City, MO—representing about 52 million residents, according to a study by Hawai‘i Appleseed.” #FreedomToWalk staradvertiser.com/2024/03/19/haw…
“The legislature has a pivotal opportunity to address Hawaiʻi's acute shortage of #AffordableHousing by reevaluating conveyance tax rates on the sale of multimillion dollar investment properties,” writes Appleseed senior policy analyst Arjuna Heim. hawaiitribune-herald.com/2024/03/17/opi…
The Hawaii State Senate CPN committee is considering a bill that would dramatically expand the estate tax loophole here, allowing multimillion businesses to be passed down to heir tax free. HB2653 is a dangerous bill that should be deferred.
The ever-growing estate tax exemption further enriches mega-millionaires as they pass on intergenerational wealth. By continuously expanding it, policymakers are supercharging extreme inequality. New from @amyhanauer & @NaomiAWalker. cnn.com/2024/03/15/opi…
It’s unconscionable to give away tax breaks to millionaires when our keiki are going to school hungry and the state could provide universal free school meals to them with an adequate budget.
Here's why a pair of estate tax breaks for the rich (HB2652 & HB2653) working their way through the Hawaiʻi State Legislature are bad policy for Hawaiʻi. HB2653 has a hearing in the CPN committee tomorrow. hiappleseed.org/blog/hawaii-tr…
“I believe HB1775 should be passed because no child should be denied food. Ensuring that the next generation of politicians, educators or even doctors is well-fed should be the priority.” — Kaleikaumaka Camara staradvertiser.com/2024/03/10/edi… Take action at bit.ly/hawaiihungerac…
We can easily afford to pay for both universal free school meals and the Keiki Credit by taxing capital gains at the same rate as regular income. #TaxFairness is about how we #FundOurFuture. And our keiki are the future.
“I believe HB1775 should be passed because no child should be denied food. Ensuring that the next generation of politicians, educators or even doctors is well-fed should be the priority.” — Kaleikaumaka Camara staradvertiser.com/2024/03/10/edi… Take action at bit.ly/hawaiihungerac…
🚨Not too late to submit written testimony in OPPOSITION to HB2653 at capitol.hawaii.gov. Just say “No estate tax breaks for the wealthy and corporations.” #TaxTheRich