Gov. Green signs income tax bill, others into law

Added: 2026-05-27

[00:00:00]EMA SAYS IT IS UPDATING SHELTER AND REFUGE LOCATIONS SHELTER AND REFUGE LOCATIONS SHELTER AND REFUGE LOCATIONS STATEWIDE.

[00:00:05]STATEWIDE.

[00:00:05]STATEWIDE. >> OKAY TO THE LEGISLATURE.

[00:00:06]>> OKAY TO THE LEGISLATURE.

[00:00:06]>> OKAY TO THE LEGISLATURE. NOW THE GOVERNOR TODAY SIGNING NOW THE GOVERNOR TODAY SIGNING NOW THE GOVERNOR TODAY SIGNING A MAJOR BILL INTO LAW MEANT TO A MAJOR BILL INTO LAW MEANT TO A MAJOR BILL INTO LAW MEANT TO SUPPORT WORKING FAMILIES. THE SUPPORT WORKING FAMILIES. THE SUPPORT WORKING FAMILIES. THE KEEPS TAX CUTS FIRST PASSED IN KEEPS TAX CUTS FIRST PASSED IN KEEPS TAX CUTS FIRST PASSED IN 2024. FOR ABOUT 90% OF ALL 2024. FOR ABOUT 90% OF ALL 2024. FOR ABOUT 90% OF ALL TAXPAYERS. IT DOES NOT INCLUDE TAXPAYERS. IT DOES NOT INCLUDE TAXPAYERS. IT DOES NOT INCLUDE A PROPOSED ONE PERCENT A PROPOSED ONE PERCENT A PROPOSED ONE PERCENT INCREASE ON THE TOP 3 INCOME INCREASE ON THE TOP 3 INCOME INCREASE ON THE TOP 3 INCOME BRACKETS HELPING TO PROTECT BRACKETS HELPING TO PROTECT BRACKETS HELPING TO PROTECT SMALL BUSINESS OWNERS WHO FILE SMALL BUSINESS OWNERS WHO FILE SMALL BUSINESS OWNERS WHO FILE AS INDIVIDUALS NOW TO PAY FOR AS INDIVIDUALS NOW TO PAY FOR AS INDIVIDUALS NOW TO PAY FOR THE STATE INTRODUCES A NEW 2% THE STATE INTRODUCES A NEW 2% THE STATE INTRODUCES A NEW 2% TAX ON INCOME OVER A MILLION TAX ON INCOME OVER A MILLION TAX ON INCOME OVER A MILLION DOLLARS. HAWAII'S FIRST DOLLARS. HAWAII'S FIRST DOLLARS. HAWAII'S FIRST SO-CALLED MILLIONAIRE TAX. THE SO-CALLED MILLIONAIRE TAX. THE SO-CALLED MILLIONAIRE TAX. THE BILL ALSO CUTS THE SOLAR POWER BILL ALSO CUTS THE SOLAR POWER BILL ALSO CUTS THE SOLAR POWER TAX CREDITS BY 60 TO 70% THIS TAX CREDITS BY 60 TO 70% THIS TAX CREDITS BY 60 TO 70% THIS YEAR. AND THEN ELIMINATE THEM YEAR. AND THEN ELIMINATE THEM YEAR. AND THEN ELIMINATE THEM ALTOGETHER BY THE YEAR 2030.

[00:00:42]ALTOGETHER BY THE YEAR 2030.

[00:00:42]ALTOGETHER BY THE YEAR 2030. IN A STATEMENT, GOVEREVEREVEREV IN A STATEMENT, GOVEREVEREVEREV IN A STATEMENT, GOVEREVEREVEREV SAYS HE IS WORKING WITH