- Lowering taxes for individuals and small businesses
- Using tax incentives
- Government efficiency through modernization and cost-cutting
The current economic situation once again points out the importance of
economic diversification in Hawaii. We are very proud of hospitality
industry, but recognize that in severe economic or other instability
situations, (the Gulf War, 9-11), our tourist numbers decrease. As a result,
tax revenue decreases and both jobs and businesses are lost.
Without some serious thought to good incentives for diversification, we are
destined to continue furloughs, cost-cutting, lay-offs, and salary
reductions to keep our economy afloat.
We have remarkable resources and can become a leader in medicine,
technology, astronomy, alternative energy and life sciences.
With Hawaii ranked at the bottom — 48th in the nation — as a State in
which to do business, it is imperative that we change this image
immediately. Many companies with job opportunities in robotics, computers,
alternative energy, medical, pharmaceutical, and many other types of
employment are looking to find a welcoming environment in which to establish
a workforce. Hawaii needs to bring such types of businesses here.
See other related issues: