tax reform in Hawaii

Tax reform in Hawaii involves changes to the state's tax laws to improve fairness, simplify administration, and enhance revenue stability. Recent reforms typically aim to adjust income tax rates, broaden the tax base by closing loopholes, and improve tax compliance. The goal is to ensure that the state's funding for public services—such as education, infrastructure, and healthcare—is sustainable while maintaining a level of fairness that considers residents' ability to pay. These reforms often balance economic growth incentives with fiscal responsibility, aiming for a tax system that is transparent, equitable, and efficient.