July 11, 2011

WELL, IT IS HIS HOME STATE: Hawaii Adopts Obama-Style Tax On The Rich. We’ll see how that works out: “Hawaii already had the highest state income tax rate (11% on income of $200,000 single/$400,00 married). The U.S. Commerce Department’s Bureau of Economic Analysis reported last month that Hawaii’s GDP 1.2% growth rate was in the bottom quintile among the 50 states (average 2.6% GDP growth rate).”

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