HONOLULU — Hawaii Gov. Josh Green on Monday proposed investing $1 billion in affordable housing and giving tax breaks to people of all income levels to lower the cost of living in the islands.
Green told lawmakers during his first State of the State address at a joint session of the state Legislature that tax breaks would get money into the pockets of working families so they can pay for food, medicine and housing. He said the tax breaks would also stimulate the economy because “every dollar” that goes to working families with limited assets and income would be spent immediately.
Green said every family of four could expect to get $2,000 in tax relief under his plan, while lower-income residents would get more.
“This plan makes…