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Entries for 'Tom Yamachika'
| Sunday, April 8, 2018 |
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Can Government Avoid Its Responsibilities with LLCs?
By Tom Yamachika @ 5:00 AM :: 6688 Views :: Ethics, OHA
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... Can you say 'ankle shackles?' ....
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| Sunday, April 1, 2018 |
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Financial Planning for a $200M Per Year Deficit?
By Tom Yamachika @ 5:00 AM :: 4852 Views :: Taxes
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...why do we have a current state financial plan that spends more than $200 million every year over available revenues?....
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| Sunday, March 25, 2018 |
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The California Stupidity Fund
By Tom Yamachika @ 5:00 AM :: 5686 Views :: Taxes
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...California is now trying to enact a workaround, and some Hawaii lawmakers are actively considering similar legislation....
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| Sunday, March 18, 2018 |
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An Opportunity for Opportunity Zones
By Tom Yamachika @ 5:00 AM :: 5187 Views :: Tax Credits
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...Ige needs to take action by March 21, 2018 to take advantage of "qualified opportunity zones"....
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| Sunday, March 11, 2018 |
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Groundhog Day in the Hawaii Senate
By Tom Yamachika @ 4:00 AM :: 4803 Views :: Taxes
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... “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....”
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| Sunday, March 4, 2018 |
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By the Way, Could We Have $50 Million More?
By Tom Yamachika @ 4:00 AM :: 7848 Views :: Hawaii State Government, Taxes, Tourism
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...In the middle of this process, sometimes a letter from the Governor arrives saying, “We need to make some adjustments...."
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| Sunday, February 25, 2018 |
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Teachers Union Grabs for Billion Dollar Slush Fund
By Tom Yamachika @ 4:00 AM :: 7479 Views :: Education K-12, Taxes
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...Do the problems in our classrooms have anything to do with special funds at all?....
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| Sunday, February 18, 2018 |
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Trump Tax In Hawaii?
By Tom Yamachika @ 4:00 AM :: 7390 Views :: Hawaii State Government, Taxes
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...how to adapt the new federal tax law changes to Hawaii....
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| Sunday, February 11, 2018 |
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The Value of a Refundable Credit
By Tom Yamachika @ 4:00 AM :: 6284 Views :: Tax Credits
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...In the 2017 legislative session, our legislature passed an earned income tax credit (EITC)....
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| Sunday, February 4, 2018 |
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How Much Does a Crosswalk Cost?
By Tom Yamachika @ 4:00 AM :: 4871 Views :: Hawaii State Government
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...Senate Bill 2004, tells the story of just one signalized crosswalk yet to be built....
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| Sunday, January 28, 2018 |
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Oops! DoTax Math Error!
By Tom Yamachika @ 4:00 AM :: 5923 Views :: Taxes
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...“math error authority” brings to mind one of the failings in Hawaii’s tax system....
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| Sunday, January 21, 2018 |
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Small Business Tax Cut: Will Hawaii Legislature Conform?
By Tom Yamachika @ 4:00 AM :: 4909 Views :: Taxes
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...lawmakers will be asked to conform our Hawaii income tax law to the federal changes that have taken place in 2017....
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| Sunday, January 14, 2018 |
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Trump Tax: Will Hawaii Legislature Conform?
By Tom Yamachika @ 4:00 AM :: 6230 Views :: Taxes
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...If they don’t, it will be functionally the same as raising taxes....
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| Sunday, January 7, 2018 |
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GEMS Takes One on the Chin from the PUC
By Tom Yamachika @ 4:00 AM :: 9664 Views :: Energy, Tax Credits, Taxes
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...the PUC has basically said that it expects the program to crash and burn....
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| Sunday, December 31, 2017 |
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What’s a Carbon Tax?
By Tom Yamachika @ 4:00 AM :: 5779 Views :: Taxes
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...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....
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| Sunday, December 24, 2017 |
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2018 Ballot: Constitutional Convention?
By Tom Yamachika @ 4:00 AM :: 6518 Views :: Hawaii State Government
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...The biggest exception to this gatekeeper rule is the constitutional convention, where the people elect delegates directly....
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| Sunday, December 17, 2017 |
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Gamers of the World Unite: You have nothing to lose but your micro-transactions
By Tom Yamachika @ 12:17 PM :: 5601 Views :: Gambling
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...looking to introduce legislation to combat predatory practices by game publishers. He called Star Wars: Battlefront II, an “online casino...."
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| Sunday, December 10, 2017 |
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Voluntary Additional Tax?
By Tom Yamachika @ 4:00 AM :: 5602 Views :: Taxes
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...This will give Warren Buffett et al a chance to “walk the walk” and pay millions more....
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| Sunday, December 3, 2017 |
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The Tax Administration Slush Fund
By Tom Yamachika @ 4:01 AM :: 6283 Views :: Ethics, Taxes
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...the Tax Administration Special Fund is becoming an all-purpose slush fund for which corrective action is needed....
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| Sunday, November 26, 2017 |
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DOTAX Litigation: Are Car Rentals “Tourism Related Services”?
By Tom Yamachika @ 4:01 AM :: 7156 Views :: Taxes, Tourism
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Should they re-evaluate their tax filings now that the Department’s litigation position is out in the public for all to see?
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| Sunday, November 19, 2017 |
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DoTax: No End to Litigation, Part 2
By Tom Yamachika @ 4:00 AM :: 6972 Views :: Judiciary, Taxes
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...The Department apparently regards the taxpayers here as lower life forms and wants to give them no respect....
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| Sunday, November 12, 2017 |
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Department of Taxation Customer Service – Don’t’ Be a Victim
By Tom Yamachika @ 4:01 AM :: 4869 Views :: Taxes
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“I object to the use of the word ‘customer.’ It certainly doesn’t feel like that type of relationship to me. Maybe ‘hostage’?”
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| Sunday, November 5, 2017 |
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A DOTax Nightmare: No End to Litigation
By Tom Yamachika @ 4:01 AM :: 5465 Views :: Taxes
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Halloween may be over, but we still have lots of scary stories!
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| Sunday, October 29, 2017 |
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Should Surfrider be Licensed to Pass Out Property Tax Exemptions?
By Tom Yamachika @ 5:01 AM :: 10829 Views :: Environment, Ethics, Small Business, Tax Credits
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...Recently, the Honolulu City Council approved on first reading Bill 80 (2017), which would award a real property tax exemption to “ocean-friendly restaurants.”...
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| Sunday, October 22, 2017 |
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DoTax Leaves Fewer Callers in the Dust
By Tom Yamachika @ 5:00 AM :: 7959 Views :: Hawaii State Government, Hawaii Statistics, Taxes
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...Did DOTAX Turn the Corner on Customer Service?....
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| Sunday, October 15, 2017 |
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Incentives for Retirement Savings
By Tom Yamachika @ 5:01 AM :: 5598 Views :: Taxes
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...During the past few months, the Tax Review Commission has been busy at work....
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| Sunday, October 8, 2017 |
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If You're Still Paying Use Tax on Amazon Purchases--Stop
By Tom Yamachika @ 5:01 AM :: 6738 Views :: Taxes
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...those who buy things from Amazon and have been paying Use Tax can stop....
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| Sunday, October 1, 2017 |
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Fritz v. Department of Taxation, and Why You Should Care
By Tom Yamachika @ 5:01 AM :: 6781 Views :: Ethics, Taxes
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Over the past several months, there has been a court fight brewing that could have changed how the Department of Taxation lobbies for legislation....
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| Sunday, September 24, 2017 |
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Harbors Division Soaking the Taxpayer – Again and Again
By Tom Yamachika @ 5:01 AM :: 8666 Views :: Jones Act, OHA, Small Business
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...the Harbors Division isn’t satisfied with three years of triple-digit increases....
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| Sunday, September 17, 2017 |
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Legislature with U R Missing
By Tom Yamachika @ 5:01 AM :: 6452 Views :: Ethics, Hawaii State Government
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...there is "supposed to be" opportunity for participation....
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| Sunday, September 10, 2017 |
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Rail: Heads We Win, Tails You Lose
By Tom Yamachika @ 5:01 AM :: 8401 Views :: Rail, Taxes
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...The special session rail bill, SB 4, provides that if the Foundation wins and the State is ordered to refund money to the City, then the State will scoop the same amount of money from the City’s share of transient accommodations tax....
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| Sunday, September 3, 2017 |
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Rail: I Dunno About TAT
By Tom Yamachika @ 5:01 AM :: 9302 Views :: Rail, Taxes, Tourism
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...The TAT, when it was enacted in 1986, was primarily meant to fund the Hawaii Convention Center....
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| Sunday, August 27, 2017 |
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Honolulu: For 1000s Property Tax Rate Will Quadruple Sept 1
By Tom Yamachika @ 5:01 AM :: 9139 Views :: Honolulu County, Taxes
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...People who aren’t aware of what happened may find themselves with property tax bills many times what they are now....
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| Sunday, August 20, 2017 |
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The Grand Skim of Things, Part 3
By Tom Yamachika @ 5:01 AM :: 7090 Views :: DHHL, Hawaii State Government
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...one State department that has funds with no exemption, and refuses to pay it: the Department of Hawaiian Home Lands (DHHL)....
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| Sunday, August 13, 2017 |
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The Grand Skim of Things, Part 2
By Tom Yamachika @ 5:01 AM :: 5277 Views :: Hawaii State Government
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...the Central Services Skim has redirected about $45 million a year from the special funds to the state general fund....
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| Sunday, August 6, 2017 |
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The Grand Skim of Things (Part 1)
By Tom Yamachika @ 5:01 AM :: 8713 Views :: Hawaii State Government, Rail, Taxes
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...A Hawaii law dating back to 1955, which now can be found at HRS section 36-27, says that 5% of any special fund’s income will be paid to the state general fund to pay “central service expenses....”
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| Sunday, July 30, 2017 |
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No Hanahana -- Kaukau Anyway
By Tom Yamachika @ 5:01 AM :: 7207 Views :: Hawaii State Government, Taxes
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...if you don’t work, you don’t eat....
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| Sunday, July 23, 2017 |
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EITC: Devil in the Details
By Tom Yamachika @ 5:01 AM :: 5695 Views :: Taxes
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On July 10, 2017, Governor Ige proudly signed House Bill 209, a bill that establishes a Hawaii earned income tax credit....
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| Sunday, July 16, 2017 |
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How Rail Bonds Can Help Put Local Politicians in Jail
By Tom Yamachika @ 5:01 AM :: 7128 Views :: Ethics, Rail
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...City officials were accused of certifying financial statements in 2002 and 2003 that were false because they failed to disclose that the city was purposely underfunding....
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| Sunday, July 9, 2017 |
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Mucking Around in the Past?
By Tom Yamachika @ 5:01 AM :: 6380 Views :: Ethics, Rail
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...HART stunned critics by cancelling a special audit that would have examined past cost overruns....
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| Sunday, July 2, 2017 |
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Carving Up the Price of Car Rentals
By Tom Yamachika @ 5:01 AM :: 7316 Views :: Taxes, Tourism
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One of the legislative bills that is now being considered by Gov. David Ige is a curious bill, HB 735, involving the car rental industry....
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| Sunday, June 25, 2017 |
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Anatomy of Epic Fail on Rail
By Tom Yamachika @ 5:01 AM :: 7523 Views :: Rail, Taxes
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To what or whom should we be looking for leadership to get us out of this mess?
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| Sunday, June 18, 2017 |
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Closing an Estate Tax Loophole?
By Tom Yamachika @ 5:05 AM :: 5877 Views :: Taxes
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| Sunday, June 11, 2017 |
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Reaching Back into the Past
By Tom Yamachika @ 12:01 AM :: 4722 Views :: Taxes
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...retroactive tax legislation....
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| Sunday, June 4, 2017 |
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Human Casualties at the Legislature, Part 2
By Tom Yamachika @ 11:31 PM :: 9852 Views :: Energy, Ethics, Hawaii State Government
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...fifteen senators wanted to stick their thumbs in the Governor’s eye....
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| Sunday, May 28, 2017 |
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Human Casualties at the Legislature
By Tom Yamachika @ 5:09 AM :: 7780 Views :: Ethics, Hawaii State Government
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...If there is a position taken by a committee chair on one bill or one issue that is not reflecting the wishes of the committee, why can't the committee simply reject the chair's recommendation?....
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| Sunday, May 21, 2017 |
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GEMS: A Raid by Any Other Name…
By Tom Yamachika @ 5:01 AM :: 9080 Views :: Education K-12, Energy, Taxes
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GEMS, as a program, has been a miserable failure, resulting primarily in a large wad of cash that is just sitting in the bank. That’s why our legislature got the bright idea to “use” it to prop up another miserable failure – the “Cool the Schools” initiative....
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| Sunday, May 14, 2017 |
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TrumpTax: Losing the State Tax Deduction
By Tom Yamachika @ 5:01 AM :: 5180 Views :: Taxes
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On April 26, the Trump Administration released a document that contained a roadmap of sorts for an overhaul of the federal tax code....
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| Sunday, May 7, 2017 |
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The Rail Bill and Other Curiosities
By Tom Yamachika @ 5:01 AM :: 10264 Views :: Homelessness, Labor, Rail, Taxes
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...Shut up or we’ll make you pay for rail too....
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| Sunday, April 30, 2017 |
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Making Money at the County Level
By Tom Yamachika @ 6:01 AM :: 6024 Views :: Taxes
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How does a county raise money?
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