Gov. David Ige ponders higher fuel and wealth taxes

A wealth tax and a higher tax on fuel are among measures Hawaii’s governor is considering to help plug a projected $1.4 billion state budget shortfall.

Linda Chu Takayama, chief of staff for Gov. David Ige, informed the House Finance Committee on Tuesday that these two types of taxes are possibilities to increase state revenue and partly offset a decline driven by coronavirus pandemic impacts.

Gov. David Ige ponders higher fuel and wealth taxes

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