Understanding Maui’s Tiered Property Tax Changes

The Maui County Council began considering a tiered tax rate system back in 2018. The tiered scheme for property taxes was initially proposed to increase income from second homes and investment properties, which many have said aggravates Maui County’s housing crisis. There was much media coverage and hearings over the next two years, ultimately passing two resolutions in December of 2019. A subsequent resolution provides a tax exemption for property owners with long-term rentals. However, it was [...]