Entries for 'Tax Foundation'

...How Much Does Your State Collect in Sales Taxes per Capita?....

...How Much Does Your State Collect in Property Taxes per Capita?....

...Hawaii collects $103 per person....

...Hawaii Income Tax Take is 10th Highest in USA....

...Hawaii annual per capita tax collections are $6,640....

...Federal aid is allocated to states for a variety of purposes, primarily to supplement state funding for programs or projects deemed to be of national interest, such as Medicaid payments, education funding assistance, infrastructure assistance, and more....

...Hawaii individual income tax tops out at 11%....

...The sales tax in Hawaii has a broad base that include many business-to-business services....

...Hawaii taxes champagne at the rate of $2.12 per gallon--5th highest in USA....

...State tax hikes taking effect January 1, 2020....

...Well-designed UI tax systems emphasize greater stability and predictability....

...the property tax component of the 2020 State Business Tax Climate Index....

...How Does Your State Treat Groceries, Candy, and Soda?....

...Hawaii ranks 37th on business tax climate, down 11 places since it re-imposed 3 'temporary' income tax brackets—with a top rate of 11%—and rolled back estate tax reforms....

...Washington State’s 20 percent rate is the highest estate tax rate in the nation, although Hawaii is set to increase its top rate to 20 percent effective January 1, 2020....

...the amount of state and local road spending covered by gas taxes, tolls, user fees, and user taxes varies widely among states. It ranges from only 6.9 percent in Alaska to 71 percent in Hawaii....

...Throwback rules can yield exceedingly high and often uncompetitive levels of taxation for some businesses, to the point that the outmigration they generate can more than offset any revenue gains from taxing “nowhere income.”....

Metropolitan Area --Real Value of $100

• 4th Lowest in USA -- Urban Honolulu, HI -- $80.19
• Maui County $93.20
• Kauai and Hawaii Counties – $99.50

... $100 is effectively worth the least in Hawaii ($84.39) ....

...State Gasoline Tax Rates as of July 2019....

...How Well-Funded are Pension Plans in Your State?....

...Hawaii has the broadest sales tax in the United States, but it taxes many products multiple times....

... Hawaii taxes distilled spirits at $5.98 per gallon ....

...Hawaii taxes wine at $1.38/gallon, 14th highest in USA....

... Hawaii imposes $0.93 tax per gallon of beer ....

... Hawaii derives 22.9% of tax revenue from individual income taxes .... 

... the GE Tax accounts for 37.2% of State revenue, Hawaii ranks 9th most dependent....

... Hawaii: Combined State-Federal Corporate Income Tax Rate 26.1% ....

...Alabama and Hawaii raise the smallest portion of their state and local tax revenue through property taxes: 17.1 percent and 17.6 percent, respectively....

...This is harsh criticism, but it is well-founded....

...Hawaii Tax Freedom Day is 43rd among states....

...'Sin' taxes are levied on a relatively narrow tax base, and many are regressive, with a larger share of the tax burden falling on those with lower incomes....

...Hawaii Ranks 23rd at $129 per capita....

...the Hawaii State Personal Income Tax vacuums up $1,481 per person....

...In fiscal year 2017, the highest state sales tax collections per capita were found in Hawaii -- $2,269....

...Hawaii's GE Tax base is more than triple the average sales tax base for US states....

...Hawaii: State and Local Taxes rake in $6,467 per capita....

...Hawaii, a state with a sales tax base so broad that it applies to more than the state’s entire economy, taxes not just the machinery businesses use to manufacture goods, but also the raw materials used in manufacturing....

...Which States Rely the Most on Federal Aid?....

...Four states had average charitable deductions greater than $10,000...Hawaii averaged $4,111.80....

... Hawaii ranks 44th in USA ....

...Hawaii has 12 brackets, the most of any state, followed by California and Missouri, each with 10....

...Hawaii has a graduated-rate income tax but doubles its brackets to avoid a marriage penalty....

...Ranking Property Taxes on the 2019 State Business Tax Climate Index....

...Hawaii 24th....

...The poorest-performing states on this year’s individual income tax component are New Jersey, California, New York, Hawaii, and Minnesota....

...Hawaii 4th-worst 'Individual Income Tax'....

...​How High Are State and Local Tax Collections in Your State?....

...Hawaii’s sales tax base is broader than economists recommend, applying not just to final consumer products and services, but also to many business-to-business transactions. This results in multiple layers of taxation on the same product or service....

...Hawaii ranks 41st collecting $76 per capita....