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327E 16 Optional Form Hawaii State Legislature

327E 16 Optional Form Hawaii State Legislature

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everybody so in the news we've been talking about the new state budget uh $10.3 billion and a lot of it also with a tax reform $5.6 billion till 2031 here to tell us more about it and how it impacts you is Joe Kent he is Executive Vice President with grassroot Institute here in Hawaii so good to have you Joe yeah thanks for having me here so bottom line what does this mean for our taxpayers this is a huge dent in Hawaii's cost of living I mean for the average family it's around $350 in tax savings this year but that goes out to around $1,000 next year and $2,000 the next year and so on so this is a tax cut that grows and I can't remember the last time Hawaii cut taxes and now we've just cut taxes by $5 billion so this is huge and that's going to really impact the cost of living so you know we've seen so many families leaving the state you know tens of thousands of families every year leaving the state moving to the mainland it&

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