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Tax Revenue and Economic Performance Analysis slide image

Tax Revenue and Economic Performance Analysis

Low-income filers have low tax liabilities and benefit from refundable credits 10.0% Average Effective Tax Rates by Income of Residents Before Credits After Credits 9.0% 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% -1.0% <10 >400 300 <400 200 <300 150 <200 100 <150 Source: 2018 Income Tax Returns 27 50 <75 40 <50 30 <40 Hawaii AGI Class ($ Thousand) 75 <100 20 <30 10 <20
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