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HomeMy WebLinkAboutCOM 0751.060 2014-2016 May 2, 2016 Council Member Dennis "Fresh" Onishi 25 Aupuni Street Hilo, HI 96720 Aloha Council Member Onishi, c'. I write to express my opposition to Bill 165 which would add a County of Hawaii surcharge of one-half percent on top of the current 4.0 General Excise Tax. • We in Hawaii are already way over taxed. Taxes on top of taxes and even . FOOD is taxed. A business that is making little or no profit pays little or no income 1.0 =n1 tax. In contrast, the General Excise Tax is imposed on every dollar tom) _... that the business takes in, even if there is no net profit after CD �. expenses are paid. Let's not forget Hawaii's General Excise Tax is regressive. Lower-income families pay a larger percentage of their total income in General Excise Tax than other families that may be proportionately less. Sole Proprietors pay more than most as they must cover their own health insurance costs, business costs, etc. with no assistance from the government. Keeping the GE Tax at 4% with no increase will help keep the "middle class" alive. I urge the County Council to reconsider and VOTE NO on BILL 165 this Tuesday. Thank you for the opportunity to express my thoughts on this important matter in advance of Tuesday's vote. Mahalo, Ms. Cyndy Dyal PO Box 5622 Kailua Kona, HI 96745-5622 (808) 937-9937 okfine2@hawaii.rr.com �,r 151 t LPL Cornett, 1\Ao Ref. T®a Ref. Date_ .0.3--r" 4f---