Expert talks about taxing situation - Hawaii News Now - KGMB and KHNL

Expert talks about taxing situation

HONOLULU (HAWAIINEWSNOW) - Hawaii businesses are concerned about the possibility that the state budget crisis will lead to higher taxes. Their biggest tax concern is the payroll tax, which businesses pay for every employee.

The rate is set to increases tenfold in January unless state officials figure out a way to lessen the blow. Jim Tollefson, president of the Chamber of Commerce of Hawaii, discussed this and other topics this morning with Howard Dicus.

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