Tax Revenue and Economic Performance Analysis

Hawaii has one of the highest marginal tax rates in the county 43 states levy individual incomes taxes 8 states have a single-rate structures Tax Bracket Highest Marginal 1 California 13.30% 2 Hawaii* 11.00% • Hawaii will have the most brackets in the country with 12. California and Missouri have the second most tax brackets with ten 3 Maine 10.15% 4 Oregon 9.90% 5 Minnesota 9.85% 6 Iowa 8.98% 7 New Jersey 8.97% Hawaii has the second highest income tax rates of any state 8 Vermont 8.95% 9 DC 8.95% 10 New York 8.82% 11 Wisconsin 7.65% 12 Idaho 7.40% 21

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