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TOP INVESTIGATIVE REPORTING AND ONLINE JOURNALISM AWARDS BEST BUSINESS AND GOVERNMENT REPORTING
By Tom Yamachika – In 2013, Honolulu established a new property tax classification for residential property (1) valued at over $1 million and (2) for which the home exemption was not taken. Honolulu set the tax rate for this classification, called “Residential A,” 70% higher than the tax rate for other residential property. Earlier this year,