The (virtual) ink on the Real Property Tax Advisory Commission’s recommendations isn’t even dry yet, and the political blowback for proposed tax hikes has already begun.

From Hawaii News Now:

The American Cancer Society’s property is assessed at about $2 million. It wants to lease another property to expand operations.

The city would have to come up with a formula, but the Cancer Society anticipates its property tax bill would be much higher than $600.

“It will adversely impact our operating expenses,” [chief staff officer Jackie] Young said.

The commission made recommendations to the City Council to capture some of the $100 million a year the city gives away in tax breaks. That money could pay for city services.

Keep your eye on this story. It’s going to be a hot one come 2012.