POSTED: 7:28 a.m. HST, Oct 31, 2013
LAST UPDATED: 7:28 a.m. HST, Oct 31, 2013
Hawaii is the fifth-least tax-friendly state according to Kiplinger, a personal finance and business organization.
Kiplinger has released an interactive, state-by-state tax map, offering online users a quick guide to state tax policies across the U.S.
Hawaii comes in at No. 5 among the states Kiplinger rates as least tax-friendly, behind California, Connecticut, New Jersey and at No. 4, New York.
Hawaii is followed by Rhode Island, Maine, Minnesota, Vermont and Illinois.
Kiplinger's rating shows the most tax-friendly states as No. 1, Delaware, followed by Wyoming, Louisiana, Mississippi, Arizona, Alabama, Nevada, So. Carolina, New Mexico and West Virginia.
"It's important for users to understand not only the differences in taxation by state, but also the tradeoffs associated with those policies. For example, states with lower tax revenues may not spend as much on critical services that residents might benefit from in other states," said Robert Long, managing editor of Kiplinger.com