Debt and Deficits

Debt Load Hikes Hawaii Taxes

Public employee benefits are the big culprit, as you might guess

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Hawaii taxpayers are suffering a crippling tax load due to the state debts, particularly the unfunded retiree health care and unfunded pension costs.

That is the assessment from Bob Williams, president of State Budget Solutions a non-partisan advocate for state budget reform, whose organization released a new study this week showing state government debt amounts to $13,425 for every American and $37,486 for every private sector worker in this country.