Hawaii's taxes 12th worst for businesses, group says
Advertiser Staff
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Hawai'i ranks as the 12th-worst state when it comes to taxes businesses face, according to a ranking by the Small Business & Entrepreneurship Council, an Oakton, Va.-based business advocacy group.
Hawai'i's ranking was pulled down by high scores when it came to top personal tax rates, top capital gains tax rates, sales, gross receipts and excise taxes, unemployment taxes and diesel taxes. In all, the group looked at 16 different tax measures to rank states and the District of Columbia.
The group said the District of Columbia had the worst tax environment for businesses, while South Dakota had the best.
