|
Entries for 'Tom Yamachika'
Saturday, September 29, 2018 |
|
HSTA Rent Tax: 14 Groups Support Counties Appeal to Supreme Court
By Tom Yamachika @ 6:36 PM :: 4644 Views :: Education K-12, Taxes
|
...The Tax Foundation of Hawaii, a nonprofit taxpayer watchdog organization, together with 14 other organizations, businesses, and individuals, submitted a court filing supporting the Counties’ request that the Hawaii Supreme Court void the ballot measure for school funds....
|
Read
More.. |
|
|
|
|
Sunday, September 23, 2018 |
|
Say It’s a Tax!
By Tom Yamachika @ 5:00 AM :: 5235 Views :: Education K-12, Ethics, Taxes
|
...the ballot question doesn’t say anything at all about tax. Does that make the ballot question misleading or deceptive?....
|
Read
More.. |
|
|
|
|
Sunday, September 16, 2018 |
|
Historic Homes--$2M Tax Exemption Gift to 342 Households
By Tom Yamachika @ 5:00 AM :: 4133 Views :: Honolulu County, Taxes
|
...the City is giving the exemption to 342 homes and forgoing taxation on $600 million in property value, translating to a revenue loss exceeding $2 million....
|
Read
More.. |
|
|
|
|
Sunday, September 9, 2018 |
|
Taking Exemptions Without Really Knowing
By Tom Yamachika @ 5:00 AM :: 3269 Views :: Taxes
|
...These days, our General Excise Tax (GET) contains exemptions and reduced rates that are supposed to reflect commercial reality but often contain leaps of faith....
|
Read
More.. |
|
|
|
|
Sunday, September 2, 2018 |
|
Kauai Cash Grab: Long wait for Homeowners Property Tax Exemption
By Tom Yamachika @ 5:00 AM :: 5799 Views :: Kauai County, Ethics, Taxes
|
...How long do you think it takes between buying a home on Kauai and having the “home exemption” effective for real property tax there?....
|
Read
More.. |
|
|
|
|
Sunday, August 26, 2018 |
|
Raising Taxes Means Decreasing Prices?
By Tom Yamachika @ 5:00 AM :: 5180 Views :: Taxes, Cost of Living
|
...Maybe it’s just a question of semantics....
|
Read
More.. |
|
|
|
|
Sunday, August 19, 2018 |
|
Cashing In on Production Credits
By Tom Yamachika @ 5:00 AM :: 3854 Views :: Tax Credits
|
...48 productions registered for the credit, with estimated qualified expenditures north of $268 million in exchange for $55 million in tax credits....
|
Read
More.. |
|
|
|
|
Sunday, August 12, 2018 |
|
Weekends Safe from Cackling Lawyers?
By Tom Yamachika @ 5:00 AM :: 4904 Views :: Honolulu County, Ethics, Taxes
|
Back in 2014, we wrote in this space about a nasty Honolulu City & County rule involving real property tax appeals....
|
Read
More.. |
|
|
|
|
Sunday, August 5, 2018 |
|
Wayfair – Playing Catch-Up
By Tom Yamachika @ 5:00 AM :: 5184 Views :: Small Business, Taxes
|
...One good thing is that Hawaii has made its position known early, so that those businesses who choose to compete in our marketplace will know what the rules are....
|
Read
More.. |
|
|
|
|
Sunday, July 29, 2018 |
|
The Wayfair Switch in Time
By Tom Yamachika @ 5:00 AM :: 4596 Views :: Small Business, Taxes
|
...In late June, the U.S. Supreme Court decided the Wayfair v. South Dakota case. It was a huge turning point in constitutional law involving the ability of states to tax “online sellers”....
|
Read
More.. |
|
|
|
|
Sunday, July 22, 2018 |
|
Who Can We Beat Up with Property Tax?
By Tom Yamachika @ 5:00 AM :: 3846 Views :: Taxes
|
....the possibility of new state-mandated property taxes....
|
Read
More.. |
|
|
|
|
Sunday, July 15, 2018 |
|
HB2748: $500,000,000 Hole in Budget
By Tom Yamachika @ 5:00 AM :: 5749 Views :: Development, Tax Credits
|
... $200 million, or most of it, is headed out the door with no visible means of getting it back.....
|
Read
More.. |
|
|
|
|
Sunday, July 8, 2018 |
|
If You Don’t Rock the Boat, How Do You Change Its Direction?
By Tom Yamachika @ 5:00 AM :: 4678 Views :: First Amendment, Hawaii State Government
|
...When many of us in Hawaii grew up, we were taught to go with the flow....
|
Read
More.. |
|
|
|
|
Sunday, July 1, 2018 |
|
It’s Not Easy Bein’ — an Employer
By Tom Yamachika @ 5:00 AM :: 4714 Views :: Labor, Small Business
|
...Before I hire the worker, I need to comply with laws saying what I can and can’t ask the prospective employee....
|
Read
More.. |
|
|
|
|
Sunday, June 17, 2018 |
|
Can’t You Just Change the Agenda?
By Tom Yamachika @ 5:00 AM :: 5038 Views :: Ethics, Rail
|
...Recently, State Auditor Les Kondo shocked the public and some Honolulu Authority for Rapid Transportation (HART) Board members when he charged, at a HART board meeting, that HART employees had been required to record all interviews with State Auditor personnel....
|
Read
More.. |
|
|
|
|
Sunday, June 3, 2018 |
|
The California Stupidity Fund, Part 2
By Tom Yamachika @ 5:00 AM :: 5258 Views :: Tax Credits, Taxes
|
...Now, the IRS and the U.S. Treasury have indicated that they are going to weigh in....
|
Read
More.. |
|
|
|
|
Sunday, May 27, 2018 |
|
We Can’t See It or Touch It, But We Can Tax It!
By Tom Yamachika @ 4:00 AM :: 5032 Views :: Small Business, Taxes
|
...HB 2416 applies Hawaii Use Tax to intangible property....
|
Read
More.. |
|
|
|
|
Sunday, May 20, 2018 |
|
Finding the Magic Bullet: City’s Share of Rail Administrative Costs
By Tom Yamachika @ 4:00 AM :: 5944 Views :: Honolulu County, Rail, Taxes
|
...In a recent hearing in the Honolulu City Council’s Budget Committee, council leaders say that they might have found a “magic bullet”....
|
Read
More.. |
|
|
|
|
Sunday, May 13, 2018 |
|
Reactionary Reaction to Resort Fees
By Tom Yamachika @ 4:00 AM :: 4880 Views :: Taxes, Tourism
|
...SB 2699 proposes to make “resort fees” subject to our Transient Accommodations Tax (TAT)....
|
Read
More.. |
|
|
|
|
Sunday, May 6, 2018 |
|
Letting the Genie Out of the Bottle…for Our Keiki?
By Tom Yamachika @ 5:00 AM :: 4877 Views :: Education K-12, Taxes
|
...The amendment, if approved by the voters, does not define what investment real property is. Nor does it contain any limitations on the taxing power. Almost all the details are left up to the state legislature....
|
Read
More.. |
|
|
|
|
Sunday, April 29, 2018 |
|
HB2432: The Tax Office Said So, So It Must Be True!
By Tom Yamachika @ 4:01 AM :: 4777 Views :: Taxes, Tourism
|
...HB 2432, one of the bills actively being considered this session, proposes to hike the “transient occupancy tax,” or TOT, by an as-yet-unspecified amount....
|
Read
More.. |
|
|
|
|
Sunday, April 22, 2018 |
|
Mighty Morphin Power Bills!
By Tom Yamachika @ 5:00 AM :: 4567 Views :: Ethics, Taxes
|
...lots of surprises as lawmakers press forward....
|
Read
More.. |
|
|
|
|
Sunday, April 15, 2018 |
|
220% Conveyance Tax Hike: HB207 Gut n Replace
By Tom Yamachika @ 5:00 AM :: 4957 Views :: Ethics, Taxes
|
...The Feds Gave You a Break? Now We, the State, Can Turn the Screws!....
|
Read
More.. |
|
|
|
|
Sunday, April 8, 2018 |
|
Can Government Avoid Its Responsibilities with LLCs?
By Tom Yamachika @ 5:00 AM :: 4741 Views :: Ethics, OHA
|
... Can you say 'ankle shackles?' ....
|
Read
More.. |
|
|
|
|
Sunday, April 1, 2018 |
|
Financial Planning for a $200M Per Year Deficit?
By Tom Yamachika @ 5:00 AM :: 3454 Views :: Taxes
|
...why do we have a current state financial plan that spends more than $200 million every year over available revenues?....
|
Read
More.. |
|
|
|
|
Sunday, March 25, 2018 |
|
The California Stupidity Fund
By Tom Yamachika @ 5:00 AM :: 4294 Views :: Taxes
|
...California is now trying to enact a workaround, and some Hawaii lawmakers are actively considering similar legislation....
|
Read
More.. |
|
|
|
|
Sunday, March 18, 2018 |
|
An Opportunity for Opportunity Zones
By Tom Yamachika @ 5:00 AM :: 3933 Views :: Tax Credits
|
...Ige needs to take action by March 21, 2018 to take advantage of "qualified opportunity zones"....
|
Read
More.. |
|
|
|
|
Sunday, March 11, 2018 |
|
Groundhog Day in the Hawaii Senate
By Tom Yamachika @ 4:00 AM :: 3571 Views :: Taxes
|
... “It wasn’t that long ago that I was before this same committee testifying on a very similar bill on the very same tax provision, seeking to do the very same thing....”
|
Read
More.. |
|
|
|
|
Sunday, March 4, 2018 |
|
By the Way, Could We Have $50 Million More?
By Tom Yamachika @ 4:00 AM :: 5722 Views :: Hawaii State Government, Taxes, Tourism
|
...In the middle of this process, sometimes a letter from the Governor arrives saying, “We need to make some adjustments...."
|
Read
More.. |
|
|
|
|
Sunday, February 25, 2018 |
|
Teachers Union Grabs for Billion Dollar Slush Fund
By Tom Yamachika @ 4:00 AM :: 5401 Views :: Education K-12, Taxes
|
...Do the problems in our classrooms have anything to do with special funds at all?....
|
Read
More.. |
|
|
|
|
Sunday, February 18, 2018 |
|
Trump Tax In Hawaii?
By Tom Yamachika @ 4:00 AM :: 5485 Views :: Hawaii State Government, Taxes
|
...how to adapt the new federal tax law changes to Hawaii....
|
Read
More.. |
|
|
|
|
Sunday, February 11, 2018 |
|
The Value of a Refundable Credit
By Tom Yamachika @ 4:00 AM :: 4469 Views :: Tax Credits
|
...In the 2017 legislative session, our legislature passed an earned income tax credit (EITC)....
|
Read
More.. |
|
|
|
|
Sunday, February 4, 2018 |
|
How Much Does a Crosswalk Cost?
By Tom Yamachika @ 4:00 AM :: 3642 Views :: Hawaii State Government
|
...Senate Bill 2004, tells the story of just one signalized crosswalk yet to be built....
|
Read
More.. |
|
|
|
|
Sunday, January 28, 2018 |
|
Oops! DoTax Math Error!
By Tom Yamachika @ 4:00 AM :: 4135 Views :: Taxes
|
...“math error authority” brings to mind one of the failings in Hawaii’s tax system....
|
Read
More.. |
|
|
|
|
Sunday, January 21, 2018 |
|
Small Business Tax Cut: Will Hawaii Legislature Conform?
By Tom Yamachika @ 4:00 AM :: 3576 Views :: Taxes
|
...lawmakers will be asked to conform our Hawaii income tax law to the federal changes that have taken place in 2017....
|
Read
More.. |
|
|
|
|
Sunday, January 14, 2018 |
|
Trump Tax: Will Hawaii Legislature Conform?
By Tom Yamachika @ 4:00 AM :: 4747 Views :: Taxes
|
...If they don’t, it will be functionally the same as raising taxes....
|
Read
More.. |
|
|
|
|
Sunday, January 7, 2018 |
|
GEMS Takes One on the Chin from the PUC
By Tom Yamachika @ 4:00 AM :: 7181 Views :: Energy, Tax Credits, Taxes
|
...the PUC has basically said that it expects the program to crash and burn....
|
Read
More.. |
|
|
|
|
Sunday, December 31, 2017 |
|
What’s a Carbon Tax?
By Tom Yamachika @ 4:00 AM :: 4091 Views :: Taxes
|
...Recently, the Hawaii Tax Review Commission’s primary consultant, PFM Group, issued a final report to the Commission asking it to review many taxing alternatives, including a $360M per year “carbon tax” on Hawaii consumers....
|
Read
More.. |
|
|
|
|
Sunday, December 24, 2017 |
|
2018 Ballot: Constitutional Convention?
By Tom Yamachika @ 4:00 AM :: 4833 Views :: Hawaii State Government
|
...The biggest exception to this gatekeeper rule is the constitutional convention, where the people elect delegates directly....
|
Read
More.. |
|
|
|
|
Sunday, December 17, 2017 |
|
Gamers of the World Unite: You have nothing to lose but your micro-transactions
By Tom Yamachika @ 12:17 PM :: 4190 Views :: Gambling
|
...looking to introduce legislation to combat predatory practices by game publishers. He called Star Wars: Battlefront II, an “online casino...."
|
Read
More.. |
|
|
|
|
Sunday, December 10, 2017 |
|
Voluntary Additional Tax?
By Tom Yamachika @ 4:00 AM :: 3969 Views :: Taxes
|
...This will give Warren Buffett et al a chance to “walk the walk” and pay millions more....
|
Read
More.. |
|
|
|
|
Sunday, December 3, 2017 |
|
The Tax Administration Slush Fund
By Tom Yamachika @ 4:01 AM :: 4446 Views :: Ethics, Taxes
|
...the Tax Administration Special Fund is becoming an all-purpose slush fund for which corrective action is needed....
|
Read
More.. |
|
|
|
|
Sunday, November 26, 2017 |
|
DOTAX Litigation: Are Car Rentals “Tourism Related Services”?
By Tom Yamachika @ 4:01 AM :: 5146 Views :: Taxes, Tourism
|
Should they re-evaluate their tax filings now that the Department’s litigation position is out in the public for all to see?
|
Read
More.. |
|
|
|
|
Sunday, November 19, 2017 |
|
DoTax: No End to Litigation, Part 2
By Tom Yamachika @ 4:00 AM :: 5133 Views :: Judiciary, Taxes
|
...The Department apparently regards the taxpayers here as lower life forms and wants to give them no respect....
|
Read
More.. |
|
|
|
|
Sunday, November 12, 2017 |
|
Department of Taxation Customer Service – Don’t’ Be a Victim
By Tom Yamachika @ 4:01 AM :: 3691 Views :: Taxes
|
“I object to the use of the word ‘customer.’ It certainly doesn’t feel like that type of relationship to me. Maybe ‘hostage’?”
|
Read
More.. |
|
|
|
|
Sunday, November 5, 2017 |
|
A DOTax Nightmare: No End to Litigation
By Tom Yamachika @ 4:01 AM :: 4042 Views :: Taxes
|
Halloween may be over, but we still have lots of scary stories!
|
Read
More.. |
|
|
|
|
Sunday, October 29, 2017 |
|
Should Surfrider be Licensed to Pass Out Property Tax Exemptions?
By Tom Yamachika @ 5:01 AM :: 8051 Views :: Environment, Ethics, Small Business, Tax Credits
|
...Recently, the Honolulu City Council approved on first reading Bill 80 (2017), which would award a real property tax exemption to “ocean-friendly restaurants.”...
|
Read
More.. |
|
|
|
|
Sunday, October 22, 2017 |
|
DoTax Leaves Fewer Callers in the Dust
By Tom Yamachika @ 5:00 AM :: 5579 Views :: Hawaii State Government, Hawaii Statistics, Taxes
|
...Did DOTAX Turn the Corner on Customer Service?....
|
Read
More.. |
|
|
|
|
Sunday, October 15, 2017 |
|
Incentives for Retirement Savings
By Tom Yamachika @ 5:01 AM :: 4049 Views :: Taxes
|
...During the past few months, the Tax Review Commission has been busy at work....
|
Read
More.. |
|
|
|
|
|