Tax Watch: 1% increase in GET and other tax increases proposed

House Speaker Calvin Say (D, St. Louis Heights, Palolo Valley, Mauanlani Heights, Wilhemina Rise, Kaimuki) has proposed a 1% increase in the Hawaii general excise tax (to 5% or 5.5% on Oahu) [HB 2876], a 0.5% increase on wholesale manufacturing (to 1%) [HB 2880], and a 3.85% increase on insurance commissions (to 4%) [HB 2881], as well as a repeal of tax exemptions for nonprofits [HB 2878]. Say estimates that the GET increase will generate $488 million in additional revenues for the state, and the tax in nonprofits would generate $422 million by 2011 (Say what!” Honolulu Star-Bulletin, 1/31/10).

The proposed tax increases will harm everyone – consumers, businesses, and the economy:

  • The tax increases will raise the cost of consumer goods.
  • The tax increases will encourage more government spending, instead of cost-cutting.
  • The tax increases will penalize nonprofits and prevent them from helping people in need.
  • The tax increases will hurt lower-income families most.

We need less government spending, not higher taxes!

Please contact your representatives by mail, email, or phone, and tell them that we can’t afford more taxes. We need to watch all the legislators who support these tax increases and vote them out of office.

Contact your representatives in the House and Senate.

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