|
Newsletter
Seminar Material




Biz:
China
Hong
Kong Hawaii


What people
said about us

China
Earthquake Relief
Tax &
Government
Hawaii Voter Registration
Biz-Video
Hawaii's
China Connection

CDP#1780962

Doing Business in
Hong Kong & China
| |
Membership Survey
Do you know our dues
paying members attend events sponsored by our collaboration partners worldwide
at their membership rates - go to our event page to find out more!

Hawaii
Public Radio Station FM 89.3
“Business Beyond the Reef” to discuss
the problems with imports from China, telling all sides of the story and then
expand the discussion to revitalizing Chinatown
Special Guest: Johnson Choi, MBA, RFC. President - Hong Kong.China.Hawaii
Chamber of Commerce (HKCHcc)
Special Guest: Danny Au, Manager, Bo Wah Trading
Listen to streaming audio
Click Here to take survey
after the Radio Show

Sept 4 2007 5:00 - 6:00pm Honolulu
Hawaii
(China & Hong Kong SAR time: Sept 5
2007 11:00am - 12noon)
(West Coast USA time: Sept 4 2007 8:00 - 9:00pm)
(East Coast USA time: Sept 4 2007 11:00pm - 12 midnight)
July 12, 2005
Topic - Increase GET
(General Excise Tax) from 4% to 4.5%, an increase of 12.5% moving Hawaii to the
highest taxed State in the United States
81% of Chamber
Members Voted Against increase of GET!
Definition of Sales Tax
Verses Hawaii's General Excise Tax (GET)
A sales tax is a tax imposed on consumers who buy goods at retail.
A general excise tax is imposed on the businesses instead of the customer.
Hawai'i does not have a sales tax; instead, the state has a general excise tax
that is assessed on all business activities, including retail sales,
commissions, rental income and services. Businesses pass along the cost of the
tax to their customers.
The general excise tax rate varies depending on the business activity:
0.15 percent on insurance commissions,
0.5 percent on wholesale sales and
4 percent on most activities at the consumer level
Listing of Chamber Members
providing written comments (names are withheld) only!
| Yes/No |
Comments /
Reasons ** |
| NO |
I commute to downtown daily from the
west side, the proposed rail will not solve the traffic problem, the problem
is due to several key choke points and to the added traffic during school
sessions, fix the choke points and the traffic will flow.increase taxes and
the donations to politicians will flow from the contractors to build a
project that given our history will not be completed on time and will go way
over budget and in the end not carry very many passengers requiring the tax
payer stuck in traffic that could have been fixed to subsidize the empty
rail system. |
| NO |
This is an increase in GET, not sales
tax. Please consider the multiple effects. |
| NO |
To add my voice to your survey, I
strongly object to the 1/2% increase to the excise tax to pay for mass
transportation for two reasons:
First, because the Hawaii excise tax system is a "pyramiding" one added at
every level of production and distribution, therefore, will increase our
cost of living by several percent, and not just a 1/2% in the aggregate. Our
cost of living, thanks to overflated housing and shipping costs, is already
among the highest in the nation. We do not need to add to the burden faced
by every resident living here.
Second, I do not think mass transit is necessarily the only way to reduce
traffic congestion. When there was a prolonged bus strike in 2003, people
with no other transportation options, began to buy used & new cars. Once
people own cars, they are not easily weaned away from them in favor of
public transport. Hence, the shrinking ridership on public buses and falling
revenues requiring increased fares, leading to further depression in
ridership. A vicious cycle. Mass transit systems seldom pay their own way.
We don`t operate anything efficiently in Hawaii, thanks to strong labor
unions. Will there be another 1/2% increase in excise taxes down the road
when a mass transit system is in place and requires mass subsidy?
There is also another danger. The governor by insisting that the city &
country collect the tax is in effect creating another tax agency, which will
make it easier for the city to look at further tax increases under its own
authority to solve future financial problems.
I hope you can incorporate my thoughts--you can quote me if you like--into
your petition again the tax increase. |
| NO |
If the increase in the excise tax is
to facilitate the contruction of a mass transit system, I would like to know
more about what is being proposed. The subject "Mass transit" needs to be
more specific. |
| NO |
I believe sales taxes are much better.
The way the GET is done in Hawaii seriously compounds the ability of small
business to compete with those in other states. I suggest that for more
insight into options that might be considered you look at what has been
happening in Texas where there is a raging debate on raising the state sales
tax. Texas has no state income tax for individuals or businesses. The State
House is seeking to extend the
sales tax to cover increased costs for public education this way rather than
through property taxes on homeowners which has made some school districts
very resource rich and other poor by comparison. The sales tax in Texas has
worked well for many years. It exempts important categories like food and
medicine from the tax. Note that a big part of the debate is whether it
should apply to the services of partnerships (dba law firms). Here is a link
to some of the most recent action and the controversy:
http://www.statesman.com/news/content/shared/tx/legislature/stories/07/11senate.html
The current Speaker of the Texas House of Representatives is a close friend
of mine. I spent a good deal of time talking with him back in April on this
very topic. If you need any help on researching how this has worked in
Texas, let me know. |
| NO |
1)Why should we pay for a light rail
system that affects part of Oahu only? 2)Why should we pay for a system that
we don't even have a firm budget? 3)What are the alternatives? How about the
ferry stystem that we were tesing just last year, I thought the stystem has
recieved highly positive feedbacks from the West Oahu commuters. |
| YES |
We need the funding to fix our traffic
problems. The traffic problem could have been fixed during the Fasi
Administration in the '80's. Instead we voted against the tax increase, loss
all Federal funding and the result is the traffic mess we have right now. Do
we need to wait another 25 years before we address this problem again. I'm
sure the amount of gas we will save from being stuck in traffic will help
alleviate the tax increase. |
| NO |
Thanks, Johnson, for your accurate
explanations of the GE Tax. I always said that any increase in Hawaii's GET
would hurt our residents, immigrants, our elders with horrific increases in
their medical, dental, food, education services....I vote NO to this 12%
increase!!! Mahalo for your diligent efforts |
| NO |
No, I do not support GET increase. I
do not support any tax increase. I do not believe mass transit is the answer
to Honolulu's traffic problems. |
| YES |
If your email is regarding to the .05%
which is the issue on the rail transit for counties, then YES, I am in favor
of this! |
| NO |
The government is never good at
spending money. So, we should keep taxes at lowest levels possible. |
| NO |
Instead of we shall consider to
increase the property tax on those owners of the big property especially
those fundations. Politician do not have guts to raise that issue. Big
Foundations are actually the profit takers from this sociaty. |
| YES |
We need rapid transit |
| NO |
A regressive tax on the lowest income
people. |
| NO |
We are overtaxed already. This tax
hits the poorest among us. |
| NO |
NO, No, No - GET increase. First -
many families do not have an extra $1000 a year and some will have to move
to the mainland, or might become homeless. Better off citizens will have to
cut back somewhere and this will hurt small businesses. Second - a rail
system will not save commuters time, unless they live within a 5 minute walk
of the station, nor will it cut congestion on our roads. No US city has
built rail and cut traffic congeston. |
| NO |
If the GE tax increase is
to pay for mass transit, I think the idea is not a good one until the State
can work out how to deal with inner-city transportation to move people into
and out of the dense urban areas. Will mass transit help businesses? If yes,
the GE tax can be justified if no, it will hurt businesses and it will pinch
the income from the already strapped poor and middle income people living in
Hawaii. Unless the State can address these issues, I cannot support increase
in GE Tax. |
| NO |
Thank you for writing. I am one
of the few (House of Representative) who voted against this tax increase.
Keep in touch! |
| |
|
| |
|
** Independent opinion of our members which may
or may not represent our current and future Chamber of Commerce policies and
directions.
|