Quantcast

Saturday, August 23, 2014         

 Print   Email   Most Popular   Save   Post   Retweet

GET dead for now, but some worry about a comeback

By Associated Press

POSTED:



An increase in Hawaii's general excise tax is dead for now, but Rep. George Fontaine worries that it could make a comeback.

Fontaine, a Republican representing Maui, said on the House Minority website that there could be an effort to raise the general excise tax between now and the end of this year's legislative session May 5.

The general excise tax is the state's broadest tax, levied on most transactions in the state at a rate of 4.5 percent on Oahu and 4 percent on neighbor islands.

A Senate committee voted against increasing it earlier this month, but Fontaine warned that it could be revived in other pending legislation.

Fontaine said raising the tax would hurt the economy and possibly cause businesses to lay off employees.






 Print   Email   Most Popular   Save   Post   Retweet

IN OTHER NEWS
Breaking News
Blogs
The Green Leaf
Solar vigil

Political Radar
1,782

Island Crafters
Ya Meet the Nicest Peeps

Small Talk
Clothing swap?

Political Radar
Proceeding

The Green Leaf
Expanding a monument

Wassup Wit Dat!
Huh? – Follow Up

Political Radar
Spirit of Daniel Inouye