HomeMy WebLinkAboutCOM 0751.100 2014-2016 Apr 29, 2016
Council Member Dennis "Fresh" Onishi
25 Aupuni Street
Hilo, HI 96720
Aloha Council Member Onishi,
I write to express my opposition to Bill 165 which would add a County `y
of Hawaii surcharge of one-half percent on top of the current 4.0 p,,, tD
General Excise Tax. <r cp
While I recognize and appreciate the need to raise additional revenues
for the County of Hawaii, I strongly believe the proposal is extreme
and would have an adverse and negative impact on Hawaii's hard working
families. -�
A business that is making little or no profit pays little or no income
tax. In contrast, the General Excise Tax is imposed on every dollar
that the business takes in, even if there is no net profit after
expenses are paid. This is my situation.
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.
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,
Dr. Lisa Velasquez
PO Box 789
Kapaau, HI 96755-0789
lvelasquezl@me.com
Comm. No. 151• IV)
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