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Hawai`i County Charter Commission -10 April 25, 2019 <br />MR. HOPKINS: No. I am just saying just the minimum, the $200, the people <br />that are subject to the $200. If we did away with the $200 minimum, well <br />actually the way this one is yeah, it would probably be... <br />MS. MIURA: Yeah, it would affect... so it would also affect those that are <br />getting they are pure exempt as well, so I just want to make sure it is... that <br />everybody is aware, it would include those that are like non -profits, and credit <br />unions, and everybody that has that minimum tax. And that is between 4-5 <br />million depending on what the tax rates are for that year. <br />MR. HOPKINS: On the 46,000 parcels that you are talking about... <br />MS. MIURA: Correct. <br />MR. HOPKINS: 46,000 time $200 is less than 10 million dollars. <br />MS. MIURA: Right, but what you have to consider is that is... the four point... <br />the 4-5 million is the difference. That is what we would lose. There is a certain <br />amount they would pay in taxes anyway. Not all of them would be zero. Some <br />would be paying $10, some might be paying $190, so that is actually the <br />difference that we would lose by getting rid of minimum tax. <br />MR. HOPKINS: So we are going to be losing about 4 or 5 million? <br />MS. MIURA: Correct. <br />MR. HOPKINS: Okay. I was hearing 45, that's... <br />MS. MIURA: Oh no. No. No. <br />MR. HOPKINS: That's where I was very confused. Sony. <br />MS. MIURA: I almost fainted. <br />MR. HOPKINS: So it is 4 or 5 million is what we are talking about. <br />MS. MIURA: Four to 5 million, correct. <br />MR. HOPKINS: Okay, fine. Thank you. <br />CHR. ADAMS: Are there any other questions or... okay, we have a motion on <br />the floor. Is there any other discussion on the motion? Thank you so much <br />Lisa... Steve. Do we have any other comments or discussion on the motion? <br />MS. TODD: Can you repeat the motion? <br />Page 40 <br />