Honolulu, just like most of the other neighbor island counties, has passed a 3% addition to the Transient Accommodations Tax (TAT).
Several times in this space, we have discussed the Governor’s emergency powers. Our laws (chapter 127A, HRS) give the Governor broad powers to deal with emergencies.
The Honolulu City Council wants to raise money for the Honolulu Police Department by adding a surcharge to traffic fines. As KHON2 reports, they say that the money can and should be used to recruit, retain, and equip police officers. It’s definitely a creative idea to raise additional revenue without hiking the property tax.
What do you think of when you hear the name “Nebraska”? Steaks? Corn? Warren Buffett?
Occasionally, all of us wonder what it’s like to be rich and famous, or at least act like it. “Those people,” you might think, “have at their disposal so many ways to flummox the tax authorities if they want to. Panamanian bearer shares corporations. Dutch sandwiches. Entities from the Isle of Man, the Caymans, or Bermuda perhaps.”
Over the past 10 or so years that I have been in the seat, I have seen legislature after legislature consider many, many bills to increase taxes. Every year. Without fail. At the Foundation, we keep a list of the tax bills that are introduced and that get at least one hearing.
Most of us have heard about House Bill 862, the bill that cut off the counties’ share of Transient Accommodations Tax (TAT) but allowed the counties to impose their own TAT. This bill became law by legislative override of Governor Ige’s veto.
One fundamental assumption that has been made over the years by our lawmakers is that if you enact a tax, money will be raised.
Lately, the news about HART, the body governing Honolulu’s largest ever public works project, has been focused on one of the nine voting members. That member‘s term is coming to an end, and the news is focusing on Mayor Rick Blangiardi‘s choice to replace him.