Taxes News
Individual income tax revenue down 57.9% from previous quarter in Hawaii
The third quarter of 2023 brought in $495 million in individual income tax revenue for Hawaii, a 57.9% decrease from the second quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
$1.1 billion in sales and gross receipt tax revenue for Hawaii in Q3 2023
Hawaii collected $1.1 billion in tax and gross receipts, a 31.4% decrease from the second quarter of 2023, according to the U.S. Census Bureau