Wednesday, June 12, 2024
Hawai'i Free Press

Current Articles | Archives

Friday, April 13, 2012
Hawaii Economic Performance Ranks 15th, Economic Outlook 46th
By Selected News Articles @ 9:50 PM :: 7423 Views :: Energy, Environment, National News, Ethics

Rich States, Poor States: Hawaii Tops for Taxes, Near Bottom for Limits on Spending

The annual Rich States Poor States report is out.  Hawaii ranks 15th for economic performance and 46th for economic outlook.
Here are the details:  
1. Top Marginal Personal Income Tax Rate: Data: 11.00% -- Rank: 49
2. Top Marginal Corporate Income Tax Rate: Data: 6.40% -- Rank: 18
3. Personal Income Tax Progressivity (change in tax liability per $1,000 of income) Data: $13.22 -- Rank: 36
4. Property Tax Burden (per $1,000 of personal income) Data: $23.89 -- Rank: 10
5. Sales Tax Burden (per $1,000 of personal income) Data: $44.68 -- Rank: 49
6. Remaining Tax Burden (per $1,000 of personal income) $21.68 -- Rank: 39
7. Estate/Inheritance Tax Levied? Data: Yes -- Rank: 50
8. Recently Legislated Tax Changes (2010 & 2011, per $1,000 of personal income) Data: $7.21 -- Rank: 45
9. Debt Service as a Share of Tax Revenue Data: 9.9% -- Rank: 36
10. Public Employees Per 10,000 of Population (full-time equivalent) Data: 536.9 -- Rank: 22
11. State Liability System Survey tort litigation treatment, judicial impartiality, etc.) Data: 56.4 -- Rank: 35
12. State Minimum Wage (federal floor is $7.25) Data: $7.25 -- Rank: 1
13. Average Workers’ Compensation Costs (per $100 of payroll) Data: $1.70 -- Rank: 11
14. Right-to-Work State? (option to join or support a union)  Data: No -- Rank: 50
15. Number of Tax Expenditure Limits (0= least/worst  3=most/best) Data: 1 -- Rank: 14
Study Webpage: ‘Rich States, Poor States
Text of Study: Link Pdf (Hawaii is on page 68)

TEXT "follow HawaiiFreePress" to 40404

Register to Vote


Aloha Pregnancy Care Center


Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii


Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together


Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii


OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii