Hawaii Debt Tax Relief

Hawaii’s unemployment rate for July of 2009 reached 7.2 percent, which is up 2.9 percent from July of 2008. With the unemployment rate steadily increasing, the state legislature decided to increase hotel occupancy taxes to 28 percent and the top income rate to 11 percent. In other words, Hawaii legislators thought it best to increase taxes, which arguably support its economy. Tourism and small-business are what drive the economy and create jobs for the locals.

Some argue that tax hikes like these drive up the unemployment rate because local businesses will be forced to lay off workers in order to pay the higher taxes. And we all know that individual taxpayers have a hard time paying their bills, much less their taxes, when they are unemployed.  If you owe the IRS money for back taxes, you need to speak with a Hawaii debt tax relief consultant.  Contact us today.  The longer you wait to handle your back taxes the more you will pay in the long run, literally.