I will be 85 years old this year, and I have been serving the folks of Maui County as a clinical psychologist for 25 years. Several years ago my wife Rosa and I realized that eventually our health would fail and we looked for a long term plan to retire. We decided to invest our savings into building an Ohana cottage and went through the year long process of going through the county council to be legal as a B&B. We don't make a huge profit, but it keeps us both occupied and helps supplement my income- we were hoping to retire frugally on this when I can't work anymore.
So we were devastated to hear about the proposed increase in property taxes for those of us who have legal B&B licenses. Most of us are in the same situation, trying to find ways to survive in a pricey Maui economy.
We believe that dramatically increasing the tax rates on B&Bs would not help the tax situation very much because there are few of us. We are hopeful that the county council will finalize a fair tax rate increase for us, perhaps in the range of $3.5 per thousand.
Thank you for considering our petition.
Sincerely,
Karl Jacobs, Psy.D. and Rosa Paz-Jacobs
I will be 85 years old this year, and I have been serving the folks of Maui County as a clinical psychologist for 25 years. Several years ago my wife Rosa and I realized that eventually our health would fail and we looked for a long term plan to retire. We decided to invest our savings into building an Ohana cottage and went through the year long process of going through the county council to be legal as a B&B. We don't make a huge profit, but it keeps us both occupied and helps supplement my income- we were hoping to retire frugally on this when I can't work anymore.
So we were devastated to hear about the proposed increase in property taxes for those of us who have legal B&B licenses. Most of us are in the same situation, trying to find ways to survive in a pricey Maui economy.
We believe that dramatically increasing the tax rates on B&Bs would not help the tax situation very much because there are few of us. We are hopeful that the county council will finalize a fair tax rate increase for us, perhaps in the range of $3.5 per thousand.
Thank you for considering our petition.
Sincerely,
Karl Jacobs, Psy.D. and Rosa Paz-Jacobs