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(Ou Jeri— <br /> PUBLIC 14 <br /> Murashige, Laura BILL I ! <br /> From: Mark Gordon <mark.gordon333@gmail.corn> ter) <br /> Sent• Sunday, May 14, 2017 9:54 AM '20. <br /> ' ' <br /> To: Council Testimony <br /> Cc: Richards,Tim 4-17 <br /> Subject: Proposed Increase in Property Taxes ` c. <br /> =r~ <br /> r <br /> Aloha All <br /> ,. — <br /> I would like to submit the following comments regarding the proposed property tax increases: <br /> - I strongly oppose any increase to the General Excise Tax, since it is the tax effecting everything not only purchased, but <br /> also for all services.As Mayor Kim stated it is"the most regressive tax, affecting those most who have the least income <br /> and finances to afford it". In addition, efforts should continue to increase all the Outer islands' share of the TAT. <br /> - Do not Increase the home owners whose primary residence is Hawaii Island property tax rate. Increasing this property <br /> tax rate would have a major impact on ALL residents,especially low income families. <br /> -Suggest increasing the property taxes for hotels and resorts,commercial and industrial to the high-end of the range.As <br /> we know,the major industry in Hawaii is tourism.Since hotel/resort rates are already high, most tourist would probably <br /> not even see or be concerned if hotel/resort rates needed to be increased to compensate for hotels/resorts having to <br /> pay more property taxes. <br /> - Increase the property tax rate for those who have second homes on Hawaii's Island and who are not residents of the <br /> Island <br /> - Increase the tax rate on vacation property rentals <br /> - If needed, increase the tax rate on those property owners only paying the minimum property tax rate <br /> -As a last recourse, and only if enough revenue cannot be generated by the proposed property tax increases,suggest <br /> the proposed incremental increase in the gasoline tax <br /> Mahalo for allowing me to share my comments and observations ! <br /> Mark Gordon <br /> Waikoloa HI <br /> Rt.V.1 <br /> Ref. To: ir`C.0106° <br /> 1 Refs Dote _ LY t n. <br />