County TAT a Threat to Recovery (Community Matters)

Published: Oct. 28, 2021, 5:38 a.m.

Grassroot Institute Opposes TAT Surcharge.  The host for this show is Jay Fidell.  The guest is Joe Kent.  
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\nGrassroot Institute warns that Hawaii's economy is in no condition to sustain a tax increase on visitors to the islands.
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\nThe Institute opposes a 3% transient accommodations tax for the City and County of Honolulu, the proceeds of which would be divided between the county's general fund, a special account to "mitigate the impact of visitors on public facilities\u201d and the county's transit fund for the rail project.
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\nJoe Kent, the Institute executive vice president of the Institute, said that with the elimination of the county's share of the state's 10.25% TAT, it is understandable that Honolulu would want to establish its own TAT, but he urged the Council to carefully consider the state of the economy before proceeding with yet another tax increase.  
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\nThe ThinkTech YouTube Playlist for this show is https://www.youtube.com/playlist?list=PLQpkwcNJny6mAjbhHpq-LyAm9pcuN3zJ