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Mayors seek taxing authority

The power to raise the excise tax rate would stabilize budgeting, they say

By Gordon Y.K. Pang

POSTED: 01:30 a.m. HST, Jan 16, 2014

~~<p>Hawaii's four county mayors said Wednesday that they want state lawmakers to give them each the power to enact a surcharge on the state general excise tax of up to 1 percent even though all said they have no immediate plans to use it.</p>
<p>The mayors also asked that any surcharge, including the half-percent now in effect in the City and County of Honolulu, be allowed to continue in perpetuity. The Legislature gave each of the four counties the ability to enact up to a half-percent surcharge on the state's long-standing 4 percent excise tax in 2005, but only through 2022.</p>
~~

Hawaii's four county mayors said Wednesday that they want state lawmakers to give them each the power to enact a surcharge on the state general excise tax of up to 1 percent even though all said they have no immediate plans to use it.

The mayors also asked that any surcharge, including the half-percent now in effect in the City and County of Honolulu, be allowed to continue in perpetuity. The Legislature gave each of the four counties the ability to enact up to a half-percent surcharge on the state's long-standing 4 percent excise tax in 2005, but only through 2022. Login for more...



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