We must continue to support our local economy by providing tax credits for businesses that hire workers who have been unemployed for more than six months; eliminate redundant and unnecessary bureaucracy and regulations that make it hard for entrepreneurs and small businesses to start and succeed; end tax breaks for corporations that outsource jobs overseas; reduce payroll taxes for small business owners; and support legislation that provides more access and opportunity to capital for small business owners.
In Hawaiʻi, small businesses are the heart of our economy and our community. Overall, they represent over 90% of employers and provide jobs for over 50% of our private sector workforce.Tulsi Gabbard
We must continue to ensure that Hawaii becomes the destination of choice for green energy startups, such as wind, solar, geothermal, ocean thermal, wave, and biofuels technologies. We should provide tax breaks and other incentives for green and high technology businesses to locate here. Such industries not only provide good jobs for our people, but will help us achieve greater energy self-sufficiency. To increase our food production and build up our agricultural base, I continue to support tax breaks and incentives for small farmers so we are less dependent on food imports and move toward a truly sustainable future. I will continue to ensure our tax system incentivizes domestic job creators vs. those exporting jobs to other countries, and fight against destructive trade deals that benefit corporations on the backs of American workers who suffer as a result.