Taxing Issues - KFVE, K5-Hawaii News Now, Local Programming

March 18, 2010

Taxing Issues

To tax or not to tax, that is the question. As the recovery and economic rebound moves along at a snail's pace, as uncertainty still clouds the crystal ball projections of the Council of Revenues on a regular basis, much less the longer-term predictions for 2011 and 2012, legislators wrestle with what next to cut, and whether or not to look at the possible necessity to add or increase taxes somewhere. Charging tourists to peer over the Pali Lookout simply isn't going to solve the massive shortfall.

Adding taxes to already burdened business owners and consumers, also known as voters, is never a popular idea, and it's even less popular in the big volcano building that houses our legislative branches in even years- when elections are held. Nonetheless, the ridiculous furlough days for schools and a few other cuts that have already been made show just how difficult this whole economic malaise has been and will continue to be for some time.

So, many more hard decisions will have to be made before long- including pushing forward with the always unpopular possible tax increases of some sort. Weighing that against more decreased services and further cuts to a weakened education system might just be the price we all have to pay in these very difficult times when no one likes the options, but changes have to be made. Think about it…

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