Wednesday, July 17, 2024
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Entries for 'Tom Yamachika'

Sunday, July 14, 2024
Tax Cuts: We Need to Keep What We’ve Won
By Tom Yamachika @ 6:00 AM :: 425 Views :: Taxes

... the largest tax cut in Hawaii’s history ....

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Sunday, July 7, 2024
The Importance of Conformity
By Tom Yamachika @ 6:00 AM :: 441 Views :: Taxes

... Recently, Governor Green, without much fanfare, signed into law a number of bills that had been proposed by the Department of Taxation ....

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Sunday, June 30, 2024
Intent to Veto: Budget Drama Continues
By Tom Yamachika @ 6:00 AM :: 571 Views :: Hawaii State Government, Labor

... Intent to Veto: HB 1800, which is the state’s budget bill, and HB 40, which is the bill that puts $300 million into our rainy day fund and $135 million into the pension accumulation fund .... 

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Sunday, June 23, 2024
What You Ask
By Tom Yamachika @ 6:00 AM :: 628 Views :: Taxes

... Here are some of the traps I’ve seen ....

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Sunday, June 16, 2024
Budgeting Backwards
By Tom Yamachika @ 6:00 AM :: 657 Views :: Hawaii State Government, Labor, Taxes

... there is now, government-wide, about a 30% vacancy rate in the number of authorized positions ....

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Sunday, June 9, 2024
Some History Behind the Newly Enacted Healthcare GET Exemption
By Tom Yamachika @ 6:00 AM :: 622 Views :: Health Care, Small Business, Taxes

... House Finance was persuaded to resurrect SB 1035.  It then went to Conference Committee, and it came up with a version that both houses then passed ....

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Sunday, June 2, 2024
Dealing with the Insurance Crisis
By Tom Yamachika @ 6:00 AM :: 1122 Views :: Small Business, Cost of Living

... premiums are rising at astronomical rates ....

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Sunday, May 26, 2024
Secret Administrative Directives, Part 2
By Tom Yamachika @ 6:00 AM :: 1085 Views :: Ethics, Taxes

... secret instructions from the Director of Taxation to his staff ....

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Sunday, May 19, 2024
Secret Administrative Directives, Part 1
By Tom Yamachika @ 6:00 AM :: 1131 Views :: Ethics, First Amendment, Taxes

... DoTax claims Administrative Directives are for “Internal Use” and are not to be disclosed to the public ....

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Sunday, May 12, 2024
The Green Affordability Plan Passes
By Tom Yamachika @ 6:00 AM :: 1196 Views :: Taxes

... a significant tax reform which has been long overdue ....

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Sunday, May 5, 2024
The Also-Rans
By Tom Yamachika @ 6:00 AM :: 1334 Views :: Taxes

... “Good riddance!” ....

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Sunday, April 28, 2024
The Home Stretch at the Legislature
By Tom Yamachika @ 6:00 AM :: 1152 Views :: Hawaii State Government, Taxes

... At the end of this month, the Legislature wraps up and we see what gets sent to Gov. Green’s desk for signature or veto ....

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Sunday, April 21, 2024
And Now the Big Guns Come Out
By Tom Yamachika @ 6:00 AM :: 1847 Views :: Ethics, Small Business, Taxes

... I became convinced that the proceedings, or at least this part of them, were prearranged ....

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Sunday, April 14, 2024
Aloha ThinkTech
By Tom Yamachika @ 6:00 AM :: 1165 Views :: First Amendment, Taxes

... ThinkTech has fallen victim to a phenomenon that has plagued many nonprofits including the Tax Foundation of Hawaii:  a drop in donor funding ....

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Sunday, April 7, 2024
The Passthrough Entity Problem
By Tom Yamachika @ 6:00 AM :: 1318 Views :: Small Business, Taxes

... This is an issue here in Hawaii because our individual income tax rates can go up to 11%, second highest in the nation ....

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Sunday, March 31, 2024
GET on Health Care, Revisited
By Tom Yamachika @ 6:00 AM :: 1591 Views :: Health Care, Small Business, Taxes

... HB 1675: GET exemption for medical services paid for by Medicare, Medicaid, and TRICARE ....

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Sunday, March 24, 2024
Fear of the Unknown
By Tom Yamachika @ 6:00 AM :: 1576 Views :: Ethics, Tax Credits, Taxes

... some bills replace a current tax rate with a blank.  Or several blanks.  Those are scary because you don’t know what our lawmakers are thinking of putting in there ....

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Sunday, March 17, 2024
The Hawaii Estate Tax
By Tom Yamachika @ 6:00 AM :: 2122 Views :: Taxes

... there are bills advancing that would, if enacted, fundamentally change how Hawaii’s estate tax works ....

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Sunday, March 10, 2024
The Worst State to be Rich, Poor, or In Between
By Tom Yamachika @ 5:00 AM :: 3381 Views :: Hawaii Statistics, Cost of Living

... One state made the top five on all lists ....

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Sunday, March 3, 2024
Amended Return Equals Guilty Plea
By Tom Yamachika @ 5:00 AM :: 1730 Views :: Ethics, Taxes

... Here’s how the strategy works ....

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Sunday, February 25, 2024
The Department’s Quest to Nullify Evidence
By Tom Yamachika @ 5:00 AM :: 1470 Views :: Taxes

... trampling on taxpayers’ rights ....

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Sunday, February 18, 2024
The ConAm Returns Again
By Tom Yamachika @ 5:00 AM :: 1491 Views :: Education K-12, Taxes

... The Counties all oppose this bill ....

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Sunday, February 11, 2024
Hoarding School Impact Fees
By Tom Yamachika @ 5:00 AM :: 1688 Views :: Education K-12, Development, Taxes

... since 2007, not one thin dime has been spent out of the school impact fees collected ....

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Sunday, February 4, 2024
What Were They Thinking?
By Tom Yamachika @ 5:00 AM :: 1494 Views :: Hawaii State Government, Taxes

... the process to separate the wheat from the proverbial chaff has begun ....

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Sunday, January 28, 2024
LLC Ownership Secrecy: Oh BOI, More Red Tape for All
By Tom Yamachika @ 5:00 AM :: 1554 Views :: Ethics, Small Business

... ultra-wealthy oligarchs, bad actors, and others are seeing us—the United States—as a haven where they can park money or assets in entities, like limited liability companies ....

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Sunday, January 21, 2024
Will Tax Relief be on Agenda for 2024?
By Tom Yamachika @ 5:00 AM :: 1248 Views :: Taxes, Cost of Living

... In the 2023 legislative session, that legislation was amended beyond recognition in both the House and Senate ....

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Sunday, January 14, 2024
More Tax Hikes Coming
By Tom Yamachika @ 5:00 AM :: 1831 Views :: Taxes

... It isn’t very far into the new year, but already the tax hike proposals have begun ....

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Sunday, January 7, 2024
Tax Word Find
By Tom Yamachika @ 5:00 AM :: 1256 Views :: Hawaii State Government, Taxes

... remedy the consequences of some other folks who dropped the ball ....

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Sunday, December 31, 2023
Restaurants Getting Cooked
By Tom Yamachika @ 5:00 AM :: 2208 Views :: Small Business, Tourism

... A number of restaurants are in a pinch recently.  Here’s what happened to them ....

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Sunday, December 24, 2023
Merry Wet Christmas for Honolulu BWS
By Tom Yamachika @ 5:00 AM :: 3315 Views :: Honolulu County, Taxes, Cost of Living

... Honolulu consumers will be subjected to a double whammy next year ....

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Sunday, December 17, 2023
School Non-Spending
By Tom Yamachika @ 5:00 AM :: 1500 Views :: Education K-12, Hawaii State Government

... the Department of Education approached the Department of Budget and Finance with a list of about $900 million in projects that it didn’t think it could move before the funding for the project ran out of time ....

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Sunday, December 10, 2023
The Two Gorillas Still Menace the Budget
By Tom Yamachika @ 5:14 AM :: 1837 Views :: Hawaii State Government, Labor

 ... The names of the two gorillas are ERS and EUTF ....

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Sunday, December 3, 2023
Population: Still Losing
By Tom Yamachika @ 5:00 AM :: 1491 Views :: Taxes, Cost of Living

... Are we going to put more pressure on our taxpayer base to dig into their pockets ever more deeply? ....

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Sunday, November 26, 2023
Wholesaling:  What You Don’t Know
By Tom Yamachika @ 5:00 AM :: 1546 Views :: Small Business, Taxes

... you as a taxpayer can never really know, but you can protect yourself ....

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Sunday, November 19, 2023
The Lahaina Recovery Fund
By Tom Yamachika @ 5:00 AM :: 1482 Views :: Maui County, Energy

... Claimants who want a distribution from the fund agree not to sue the fund contributors ....

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Sunday, November 12, 2023
Owning in a Burn Zone
By Tom Yamachika @ 5:00 AM :: 2194 Views :: Maui County, Development, Land Use

“... It’s absurd, the socialist mentality, they think they own the land ....”

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Sunday, November 5, 2023
Crossing the Rubicon Again
By Tom Yamachika @ 5:00 AM :: 1661 Views :: Ethics, Development, Taxes

... Green suspended the General Excise Tax as it related to vendors involved in the design, construction, sale, lease, or financing of housing projects designed to provide rapid relief to the homeless ....

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Sunday, October 29, 2023
Upsetting the Apple Cart in 24-Year-Old Litigation
By Tom Yamachika @ 6:00 AM :: 1347 Views :: DHHL, Judiciary

... One of the longest running court cases in modern history is Kalima v. State ....

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Sunday, October 22, 2023
Hawaii the Sinkhole State
By Tom Yamachika @ 6:00 AM :: 2473 Views :: Hawaii State Government, Hawaii Statistics, Taxes

... fat, dumb, and happy ....

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Sunday, October 15, 2023
Tourists, Keep Out!
By Tom Yamachika @ 6:00 AM :: 1949 Views :: Maui County, Tourism

... government should not be there to take choices away ....

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Monday, October 9, 2023
Aiming the Cannon at Monster Homes
By Tom Yamachika @ 3:50 AM :: 1920 Views :: Honolulu County, Development

... Bill 52 provides an initial fine of $25,000, plus $10,000 per day without an upper limit ....

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Sunday, October 8, 2023
Who Really Pays?
By Tom Yamachika @ 6:00 AM :: 1897 Views :: Maui County, Environment, Ethics, Development

... the costs of corruption, fraud, and related bad behavior ....

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Sunday, October 1, 2023
Let the Donor Beware
By Tom Yamachika @ 6:46 AM :: 2002 Views :: Democratic Party, Maui County, Ethics

... the fund directs the user to a page on ActBlue, a fund-raising platform used by Democrats ....

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Sunday, September 24, 2023
Lahaina Scammers
By Tom Yamachika @ 6:00 AM :: 2029 Views :: Maui County, Ethics

... there is a darker side ....

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Sunday, September 17, 2023
Challenging the Housing Czar
By Tom Yamachika @ 6:00 AM :: 1977 Views :: Maui County, Ethics, Development, Land Use

... Threats of violence ....

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Sunday, September 10, 2023
Taxing Government Benefits
By Tom Yamachika @ 6:00 AM :: 1780 Views :: Maui County, Taxes

... Legitimate questions now need to be asked about whether the government is going to want to take back some of that Lahaina money in taxes .... 

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Sunday, September 3, 2023
Tax Deadlines on Maui
By Tom Yamachika @ 6:00 AM :: 1773 Views :: Maui County, Taxes

... On August 18, 2023, the Internal Revenue Service announced “expansive tax relief” for Hawaii wildfire victims ....

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Sunday, August 27, 2023
Lahaina Scammers
By Tom Yamachika @ 6:00 AM :: 2009 Views :: Maui County, Ethics

... there is a darker side ....

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Sunday, August 20, 2023
Whether DOE Should Have a Monopoly on Our Kids
By Tom Yamachika @ 6:06 AM :: 1844 Views :: Education K-12

... not all of it has been peachy ....

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Sunday, August 13, 2023
A Different Kind of Emergency in Government
By Tom Yamachika @ 6:00 AM :: 2244 Views :: DHHL

... They need to spend money.  Quickly ....

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