Requesting a study on Hawaii's tax structures to promote long-term economic growth.
The bill requests the Department of Business, Economic Development, and Tourism to conduct a comprehensive study on Hawaii's state and county tax structures. The study aims to determine how new and existing state and county programs can be most equitably and efficiently funded to foster long-term economic growth. The Department is also asked to consider a cost of doing business analysis, factoring in Hawaii's high operational costs.
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