It could be. The Maui County Council’s Budget and Finance Committee recently met and here’s an excerpt from the report of the meeting:
Almost half of the crowd at Lahaina Civic Center was there to either testify or show support for those opposed to the Timeshare Property Tax increase of $14 to $19.60 per $1,000 in value, as proposed in the budget Mayor Alan Arakawa has sent to the council.
Daniel Dinnell spoke on behalf of ARDA-Hawaii, the local chapter of the American Resort Development Association, a national timeshare association comprised of 20 local members with 45 properties statewide and 22 in Maui.
Dinnell testified, “As ARDA-Hawaii has previously testified, following a 69 percent increase to the real property tax in 2005, the timeshare industry is again being singled out with the largest single increase of $5.60.”
There are 45 timeshares in Hawaii and 22 timeshares in Maui that represent thousands of timeshare owners who would be affected. Rising taxes are a hot item of discussion all around the country lately. And no one seems to cheer for the arrival of more taxation.
What is the best selling timeshare in Hawaii? Bay Club at Waikoloa Resort
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