Tax Revenue and Economic Performance Analysis slide image

Tax Revenue and Economic Performance Analysis

The highest income earners pay a higher share in taxes than their share of income Ratio of the Share of Gross Tax Liability to Share of Taxable Income of Residents by Hawaii AGI Class 1.40 1.20 1.00 0.80 0.56 0.60 0.40 0.33 0.20 1.13 1.08 1.03 0.99 0.94 0.90 0.85 0.80 0.71 0.00 <10 10 <20 20 <30 30 <40 40 <50 50 <75 75 <100 1.26 100 <150 150 <200 200 <300 300 <400 >400 Hawaii AGI Class ($ Thousand) Source: 2018 Income Tax Returns 26
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