Bill to extract more taxes from rental car industry stalls

Bill to extract more taxes from rental car industry stalls

Efforts to generate more tax revenue from Hawaii’s rental car industry via multiple avenues at the state Legislature has run out of gas. The last of six bills introduced this year proposing to apply the retail general excise tax on wholesale vehicle purchases by car rental companies was deferred last week after a contentious public hearing. Proponents of the heavily debated bill, which included the union for Hawaii public school teachers and a n…