Thursday, April 26, 2007

Kiplinger's Top Ten Tax Friendly Cities - Honolulu is #5

Kinda surprised that we're in the top 5.


#5 Honolulu, Hawaii

Income tax: $1,542
Property tax: $1,279
Sales tax: $978
Auto tax: $425

OVERALL TAX BITE: 5.6%

Urban Facts: Although the tax bite is low, the overall cost of living, especially housing, is among the highest in the U.S.


With an annual operating budget of $1 billion, the city and county governments of Honolulu make up the nation's largest municipal entity.


Income tax: $0
Property tax: $2,416
Sales tax: $1,021
Auto tax: $610

OVERALL TAX BITE: 5.4%

Income tax: $0
Property tax: $1,869
Sales tax: $1,252
Auto tax: $333

OVERALL TAX BITE: 4.6%

Income tax: $0
Property tax: $1,047
Sales tax: $1,610
Auto tax: $564

OVERALL TAX BITE: 4.3%

#1 Anchorage, Alaska

Income tax: $0
Property tax: $2,872
Sales tax: $0
Auto tax: $176

OVERALL TAX BITE: 4.1%



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