Tax Break Suspension. The star advertiser front page has…
0 reactions
Tax Break Suspension.
The star advertiser front page has as a byline:
>Record state tax breaks that went into effect two years ago would be **suspended for all Hawaii income earners** for three years beginning in the 2027 tax year, Gov. Josh Green said in his State of the State Address Monday.
That is a confusing way to put it.
Does this mean:
(1) that all of the tax breaks already granted two years ago are going to be suspended for "all Hawaii income earners"?
(2) Or does it mean that those people who already got the break get to keep their tax breaks but only the new tax breaks that were proposed for 2027 are on pause for "all Hawaii income earners".
If the first option, the byline looks accurate.
If the latter option, that is one heck of a misleading way to put things. One level of income earners already got their tax break. The middle class folks who were supposed to get a tax break in two years are the folks who will not get their tax breaks, so using the phrase all Hawaii income earners is pretty misleading and seemingly phrased intentionally to make it seem like everyone is getting impacted.
Also if the latter -- the tax breaks were sold as a total package for the constituency.
I get it, situations change and plans need to be revisited. It would seem like if the old plan now does not work, the entire plan needs to be revisited and analyzed again, not just unilaterally pick and choose which parts to keep.
#local
The star advertiser front page has as a byline:
>Record state tax breaks that went into effect two years ago would be **suspended for all Hawaii income earners** for three years beginning in the 2027 tax year, Gov. Josh Green said in his State of the State Address Monday.
That is a confusing way to put it.
Does this mean:
(1) that all of the tax breaks already granted two years ago are going to be suspended for "all Hawaii income earners"?
(2) Or does it mean that those people who already got the break get to keep their tax breaks but only the new tax breaks that were proposed for 2027 are on pause for "all Hawaii income earners".
If the first option, the byline looks accurate.
If the latter option, that is one heck of a misleading way to put things. One level of income earners already got their tax break. The middle class folks who were supposed to get a tax break in two years are the folks who will not get their tax breaks, so using the phrase all Hawaii income earners is pretty misleading and seemingly phrased intentionally to make it seem like everyone is getting impacted.
Also if the latter -- the tax breaks were sold as a total package for the constituency.
I get it, situations change and plans need to be revisited. It would seem like if the old plan now does not work, the entire plan needs to be revisited and analyzed again, not just unilaterally pick and choose which parts to keep.
#local
| 2,000 mlx | |
| 2 | |
| 0 |