Most & Least Taxing States: 2014

By Rebecca Helmes of Bloomberg BNA - 2014-04-14T23:05:22Z

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Hawaii has the second-highest top income tax rate in the country, after California. It's one of the few states that tax net capital gains at below the top income tax rate -- they’re taxed at 7.25 percent. It's one of seven that impose the full sales tax rate on groceries. Hawaii’s combined state and local sales tax rate of 4.35 percent places it near the bottom of the pack.

*Exemption is $5.34 million.

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