Report: Hawaii residents pay more in taxes than those in most other states

It’s another factor in Hawaii’s high cost of living.

Report: Hawaii residents pay more in taxes than those in most other states

HONOLULU (HawaiiNewsNow) - Hawaii is one of the least tax-friendly states in the nation.

That’s according to Kiplinger, a personal finance site, which released a new report that compared states on several factors, including state income tax, sales tax and the gas tax.

Hawaii’s income tax is as high as 11 percent, depending on your income.

The state’s average sales tax is among the lowest in the nation, but it’s applied to almost every transaction in the state.

And Hawaii residents pay nearly 50 cents in tax per gallon of gasoline, compared to the average of 34 cents per gallon.

Hawaii is near the bottom of the list for the 10 least tax-friendly states below:

  1. Minnesota
  2. Maryland
  3. New York
  4. Illinois
  5. Maine
  6. Vermont
  7. Hawaii
  8. California
  9. New Jersey
  10. Connecticut

Kiplinger found that Alaska is the most tax-friendly state in the United States. Read the full report here.

Copyright 2018 Hawaii News Now. All rights reserved.