Hawaii Income Tax Cuts Hang in Balance as Legislative Session Nears End

Hawaii income tax cuts hang in balance as legislative session nears end

The fate of scheduled Hawaii income tax breaks through 2031 is headed for a showdown at the state Legislature. Leaders in the state House and Senate are expected to soon hash out differences over legislation put forth in January by Gov. Josh Green, who wants annual tax cuts slated for 2027 through 2031 repealed for all taxpayers in order to preserve revenue Green said is needed to offset federal cutbacks over several years. House and Senate comm…