Green’s tax cut freeze plan repeals five years of additional savings for taxpayers

Green’s tax cut freeze plan repeals five years of additional savings for taxpayers

Hawaii taxpayers stand to receive dramatically stunted financial savings under a plan by Gov. Josh Green to cancel future state income tax cuts. In his State of the State speech Monday to the Legislature, Green announced his proposal to “pause” tax cuts slated for 2027, 2028 and 2029, affecting three out of eight annual cuts that began in 2024 and run to 2031 under a 2024 law touted as the biggest cumulative tax cut in Hawaii history. Yet a pair…