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By Jim Dooley | Hawaii Reporter
HONOLULU — Democrats spoke out against a suggested Hawaii general excise tax, saying it would damage the economy.
“We feel that such a significant net tax increase probably will be detrimental to private businesses, residents, or both, and that (the consultant) has not sufficiently analyzed the impact of the tax increase on the economy, businesses, and residents,” said the letter signed by 26 state House Democrats.
This letter joined a chorus of legislators, businesses and retirees, who delivered testimony before the Hawaii Tax Review Commission on Tuesday against a proposed 1/2 percent increase.
The commission, which meets every five years, repeatedly told the audience at the Capitol that the tax increase idea has not been adopted and is merely a recommendation from consultants.
Read the complete story at Hawaii Reporter.
