A report released last week by the nonprofit, non-partisan Institute on Taxation and Economic Policy found that the State of Hawai‘i could increase tax revenue by $38 million through addressing offshore tax havens. Loopholes in the tax code allow corporations to avoid taxes by shifting earnings made in the U.S. to locations like the Cayman Islands, where there is little to no … [Read more...] about Hawai‘i’s $38-Million Loophole