Entries for 'Tax Foundation'

... all the different layers of taxation on production and distribution make up about 40 percent of the retail price for beer ....

... Hawaii property taxes go from 28th worst to 32nd worst in four years ....

... motivating these businesses—or at least certain aspects of their business—to locate elsewhere ....

... Hawaii State & Local Tax Burden as a Share of State Income -- 14.1% -- 3rd highest in USA -- $8,410 per capita ....

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

... The Tax Foundation’s State Business Tax Climate Index enables business leaders, government policymakers, and taxpayers to gauge how their states’ tax systems compare ....

... four of the top five states Hawaii residents moved to—Washington, Texas, Nevada, and Florida—forgo individual income taxes on wage income ....

... Hawaii’s GE Tax base has historically exceeded 100 percent of personal income but took a hit as the island’s economic profile changed during the pandemic ....

... Ranking Individual Income Taxes on the 2022 State Business Tax Climate Index ....

... The states in the bottom 10 tend to have a number of afflictions in common: complex, nonneutral taxes with comparatively high rates ....

...A Tax Break for the Rich Could End up Being the Largest Part of the 'Build Back Better' Plan....

... the Index is designed to show how well states structure their tax systems and provides a road map for improvement ....

... Hawaii is 3rd-highest at $0.93 per gallon, just ahead of 4th place Kentucky .... 

... Hawaii wine taxes are 14th highest in USA ....

... Hawaii pension funds rank 42nd in USA ....

... Hawaii collects $1,258 per capita ....

... In fiscal year (FY) 2018, the highest state sales tax collections per capita were found in Hawaii ($2,694) ....

... Manufacturing faces exceedingly high rates of taxation in Hawaii, but some other firms benefit from generous incentives, reducing tax costs or even yielding negative rates of tax ....

... Hawaii 9th-Highest State and Local Individual Income Tax Collections Per Capita ....

... Hawaii’s Department of Taxation adopted rules in February 2021 to levy the state’s rental car tax onto peer-to-peer car sharing by interpreting car sharing platforms as being the lessor of the vehicles on the marketplace ....

... Hawaii 84.1% of State & Local Road Spending Covered by State & Local Tolls, User Fees, & User Taxes (8th highest percentage) ....

... Hawaii taxes 5th highest in USA ....

"...Hawaii increased the cap on its film incentives and decoupled from federal restrictions on research and development tax credits...."

... Some states have experienced meaningful revenue declines. But many don’t have losses to offset, so they would have to identify other ways to spend a large infusion of one-time money ....

... Under the American Rescue Plan Act, states would receive $195.3 billion in aid, divided according to each state’s share of national unemployed workers ....

... Repeals the allocation of transient accommodations tax revenue to the counties ....

... If policymakers wish to avoid imposing taxes on these small business lifelines  they need to act quickly, as tax deadlines are fast approaching ....

... A 2012 study at Cornell University found that, when faced with a new soda tax, many households reduced their soda consumption while purchasing an increased amount of beer ....

... 23.3% of Hawaii tax collections come from income taxes ....

... Hawaii Corporate Income tax tops out at 6.4% .... 

... 36.7% of State revenue comes from GE Tax ....

... if your festivities still include popping a bottle of bubbly, the champagne you toast with will be taxed ....

... Hawaii ranks 25th ....

...Ranking Individual Income Taxes on the 2021 State Business Tax Climate Index....

... Ranking Corporate Income Taxes on the 2021 State Business Tax Climate Index ....

...Tax Treatment of Groceries, Candy, and Soda Can Get Tricky....

... how different states' tax codes compare with the 18th edition of our State Business Tax Climate Index ....

... Hawaii has a throwback rule ....

...Hawaii and Washington State have the highest estate tax top rates in the nation at 20 percent....

...Almost every state spends more on highways than they collect in dedicated revenue from federal, state, and local sources. The only exceptions are Hawaii, Idaho, and Tennessee....

...but the Big Island is much more affordable....

...What is the Real Value of $100 in Your State?....

... State and Local taxes add $0.4628 per gallon -- not counting GE Tax .... 

...Pass-through businesses, such as sole proprietorships, S corporations, and partnerships, make up a majority of businesses in the United States....

...Hawaii has the broadest sales tax in the United States, but it taxes many products multiple times and, by one estimate, ultimately taxes 105 percent of the state’s personal income.  This base is far wider than the national median, where the sales tax applies to 34.25 percent of personal income....

“...Taxes are the single most expensive ingredient in beer, costing more than the labor and raw materials combined....”

...One way policymakers can help expedite their state’s economic recovery is by protecting employers from facing higher UI tax rates at a time when they can least afford to pay them....

...Hawaii is 9th at 36.6%....

... 22.2% of Hawaii State tax receipts come from individual income taxes ....

...A Visual Guide to Unemployment Benefit Claims....