Institute on Taxation and Economic Policy (ITEP)

December 10, 2025

Associated Press: Governor Suggests Hawaii May Scale Back on Income Tax Cuts, Tap Reserves To Help Balance Budget

Media Mention

Share

Some critics questioned the structure of the tax cuts from the beginning, citing analysis by the Institute on Taxation and Economic Policy that concluded nearly half of the savings from the income tax cuts would go to the top the top 20% of earners, meaning people who earn more than $147,000 annually.

It now appears Green may be taking those arguments to heart.

Read more.


Quoted Staff Member