This disgusting property tax break benefits no one in Hawaii but the property owner, and, possibly indirectly, a few other wealthy beachfront owners. Hawaii Democrats are unbelievable fools, and that’s just the few honest ones. The rest are boldfaced lying crooks who belong in prison.
The absentee owner of a multimillion-dollar home being used by President Barack Obama’s visiting entourage gets one of the biggest residential property tax breaks on Oahu.
Kevin Comcowich, the Houston investment executive who purchased the nearly 5,000-square-foot home for $9 million in January 2008, was charged $300 in property taxes this year.
Last year, Comcowich paid nearly $30,000 in taxes for his 1-acre beachfront spread in Kailua. In 2007 the tab — paid by the previous owner — was about $48,000, according to city records.