This morning, the Honolulu Star-Bulletin printed an editorial that called the Legislature's "Pension tax plan worrisome." House Finance Chair Marcus Oshiro responded with the following letter to the editor:
"Your editorial on Monday, April 20, 2009 regarding a pension tax missed an important update. To end further consternation and anxiety, please let your readers know that the House Finance Committee agreed with Tax Director Kurt Kawafuchi and many other testifiers when the bill, SB971, SD2, HD1 was heard, and removed the provision taxing pension income over $50,000. This occurred on Wednesday, March 25th. As such, please know that the issue is dead for this session."