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Entries for 'Tom Yamachika'

Sunday, March 14, 2021
C’mon, Let’s Soak the Rich!
By Tom Yamachika @ 4:00 AM :: 2390 Views :: Small Business, Taxes

... a kind of crabs-in-the-bucket argument ....

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Sunday, March 7, 2021
The Enola Gay Has Left the Hangar
By Tom Yamachika @ 5:00 AM :: 2136 Views :: Taxes

... Senate Bill 56, with the ominous title “Relating to Revenue Generation,” has been granted its first hearing by the Senate Ways and Means Committee ....

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Sunday, February 28, 2021
More Taxes for Movies and TV
By Tom Yamachika @ 4:25 AM :: 2588 Views :: Small Business, Taxes

... “I am altering the deal.  Pray I don’t alter it any further.” ....

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Sunday, February 21, 2021
Maintenance of Effort
By Tom Yamachika @ 5:00 AM :: 2685 Views :: Education K-12, Taxes

... We need to start recognizing that this “dedicated funding source” rhetoric is taking us down the wrong path ....

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Sunday, February 14, 2021
Taxes: More 'Creative' Thought at Our Legislature
By Tom Yamachika @ 5:00 AM :: 2085 Views :: Taxes

... Hold on to your wallets, folks, because this year’s great legislative adventure has just begun! ....

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Sunday, February 7, 2021
What Are They Thinking?
By Tom Yamachika @ 5:00 AM :: 2867 Views :: Economy, Taxes

"... At the Legislature, committee hearings have begun in earnest and it doesn’t seem at all like we are in an economic crisis ...."

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Sunday, January 31, 2021
Grim Reality of Unemployment Taxes
By Tom Yamachika @ 5:00 AM :: 3587 Views :: Labor, Small Business, Taxes, COVID-19

... Our unemployment system, as of January 8, 2021, has paid out $3.4 billion in unemployment benefits ....

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Sunday, January 24, 2021
More Taxes on the Rich – But Guess What, You’re Rich
By Tom Yamachika @ 5:16 AM :: 3678 Views :: Taxes

... Ige’s Chief of Staff and former Director of Taxation Linda Chu Takayama told the House Finance Committee a little more about the revenue enhancement measures (tax hikes) that the Administration is going to propose ....

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Sunday, January 17, 2021
Barreling Toward a Tax Hike!
By Tom Yamachika @ 5:00 AM :: 3752 Views :: Energy, Hawaii State Government, Taxes, Cost of Living

... “the carbon tax” is most likely the “barrel tax” ....

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Sunday, January 10, 2021
Scrutinize the Big Agencies!
By Tom Yamachika @ 5:00 AM :: 2539 Views :: Hawaii State Government, Taxes

... There is still a lot of real estate between $0.3 billion and $1.4 billion a year ....

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Sunday, January 3, 2021
Gaming on Hawaiian Homelands
By Tom Yamachika @ 5:00 AM :: 3042 Views :: DHHL, Gambling

... possible unintended consequences ....

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Sunday, December 27, 2020
Collective Bargaining Agreement:  Supreme Law of the Land?
By Tom Yamachika @ 5:01 AM :: 3620 Views :: Hawaii State Government, Labor

... “The following specific provisions of law are suspended, as allowed by federal law … Chapter 89, HRS, collective bargaining in public employment.” ....

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Sunday, December 20, 2020
Don’t Give Me Back Rent, I Want to Continue Hiding from Tax
By Tom Yamachika @ 5:00 AM :: 3872 Views :: Law Enforcement, Small Business, Taxes, COVID-19

... Developments during this COVID crisis have brought out tax scofflaws in some of the most unexpected ways ....

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Sunday, December 13, 2020
​Business Entity Registration Scam
By Tom Yamachika @ 5:00 AM :: 2475 Views :: Ethics, Small Business

... The first problem is that some people think that the letter comes from a government agency. It doesn’t ....

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Sunday, December 6, 2020
Tale of the Tape
By Tom Yamachika @ 5:00 AM :: 2999 Views :: Economy, Taxes, COVID-19

...“There are three kinds of lies: lies, damned lies, and statistics.”....

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Sunday, November 29, 2020
Eighth Amendment Protects Us from Massive Tax Penalties
By Tom Yamachika @ 5:00 AM :: 2355 Views :: Taxes

... In a case called Timbs v. Indiana decided just last year, however, the U.S. Supreme Court made a couple of key points ....

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Sunday, November 22, 2020
​Standardless Spending, Part 2?
By Tom Yamachika @ 5:00 AM :: 2726 Views :: Ethics, Hawaii State Government, COVID-19

...B&F basically told the departments, “Here’s your money. Go spend it.”....

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Sunday, November 15, 2020
Where’s All the Money?
By Tom Yamachika @ 5:00 AM :: 2436 Views :: Hawaii State Government

...$2.28 billion within 257 accounts....

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Sunday, November 8, 2020
A Ham-Fisted Way of Getting Folks Back to Work
By Tom Yamachika @ 5:00 AM :: 2972 Views :: Honolulu County, Labor, Tourism

... The proposal is called Bill 80 ....

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Sunday, November 1, 2020
Someone Was Listening to the Howl in the Woods
By Tom Yamachika @ 5:00 AM :: 2917 Views :: Ethics, Hawaii State Government, COVID-19

... the Governor issued a Fourteenth Supplementary Proclamation, in which the language suspending the Procurement Code was radically changed ....

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Sunday, October 25, 2020
Making Up for Budget Shortfalls
By Tom Yamachika @ 6:00 AM :: 2721 Views :: Hawaii State Government, Taxes

...we have a state budget hole of more than 2 billion dollars....

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Sunday, October 18, 2020
Pulling Teeth at OHA
By Tom Yamachika @ 6:00 AM :: 3380 Views :: Ethics, OHA

...An accounting firm can’t arrest people, throw them in jail, or otherwise find that they have committed illegal activity....

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Sunday, October 11, 2020
Academic Leadership
By Tom Yamachika @ 6:00 AM :: 3458 Views :: Hawaii State Government, Higher Education, Labor, COVID-19

...an example of leadership in the face of the COVID-19 crisis....

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Sunday, October 4, 2020
Standardless Spending
By Tom Yamachika @ 6:00 AM :: 3239 Views :: Honolulu County, Rail, COVID-19

We are feverishly trying to spend federal dollars for the common good....

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Sunday, September 27, 2020
Veto of the “Revolving Door” Bill
By Tom Yamachika @ 6:00 AM :: 2603 Views :: Ethics, Hawaii State Government

...The bill addresses the appearance of corruption....

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Sunday, September 20, 2020
Abercrombie and Waihee on COVID Leadership
By Tom Yamachika @ 6:00 AM :: 2595 Views :: Hawaii State Government, COVID-19

...The governors zeroed in on two principal drivers of our government’s response, namely structural capability and leadership....

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Sunday, September 13, 2020
State Auditor’s Review of GET Exemptions and Exclusions
By Tom Yamachika @ 6:00 AM :: 3101 Views :: Hawaii State Government, Tax Credits, Taxes

... The Auditor was supposed to start on the first chunk last year and finish the report before the start of the 2020 legislature, but ....

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Sunday, September 6, 2020
So Do We Have Contact Tracers?
By Tom Yamachika @ 6:00 AM :: 3050 Views :: Ethics, COVID-19

... “They have to be trained on what we do." --Dr. Sarah Park .…

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Sunday, August 30, 2020
Case of the Missing Contact Tracer Millions
By Tom Yamachika @ 6:06 AM :: 4716 Views :: Ethics, Hawaii State Government, COVID-19

...I’m not the only one trying to dig up information on where the money went....

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Sunday, August 23, 2020
Is Our Share of CARES Act Money Disappearing?
By Tom Yamachika @ 5:00 AM :: 2534 Views :: COVID-19

...having to forgo, or pay back, a bunch of that money is not going to be a happy thing....

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Sunday, August 16, 2020
The Doomsday Rules in the General Excise Tax
By Tom Yamachika @ 11:13 PM :: 4106 Views :: Law Enforcement, Tax Credits, Taxes, COVID-19

...Now that the economy is down and tax revenues are in the tank, we are now seeing cases of our Department of Taxation using some particularly nasty provisions in the tax code....

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Sunday, August 9, 2020
How We’re Going to Spend CARES Act Money
By Tom Yamachika @ 5:00 AM :: 2696 Views :: Economy, COVID-19

...In the meantime, the unemployed need to survive without any plus-up at all....

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Sunday, August 2, 2020
Unemployment Tax in the Nonprofit Sector
By Tom Yamachika @ 5:00 AM :: 2641 Views :: Small Business, Taxes

...employers are likely to be hit with a significant and automatic rate increase at the end of this year....

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Sunday, July 26, 2020
Two Tax Bills This Year
By Tom Yamachika @ 5:00 AM :: 3467 Views :: Energy, Tax Credits, Taxes

...Tax Foundation of Hawaii, urged the Legislature to adopt key provisions of the CARES Act although it became law in 2020. DoTAX, in testimony, proposed to adopt a few provisions and leave others on the cutting room floor....

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Sunday, July 19, 2020
Electric Vehicle Sweeteners Running Out?
By Tom Yamachika @ 5:00 AM :: 3428 Views :: Energy, Tax Credits

...For tax benefits, the pendulum has started swinging in the other direction as well....

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Sunday, July 12, 2020
Future of Unemployment Insurance
By Tom Yamachika @ 5:00 AM :: 3517 Views :: Labor, Small Business, Taxes

...unemployment insurance and how it is going to fare after the pandemic....

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Sunday, July 5, 2020
​Damn the Tax Clearances, Full Speed Ahead!
By Tom Yamachika @ 5:00 AM :: 3114 Views :: Ethics, Taxes, COVID-19

...Ige's COVID order suspends law requiring that people who want to do business with the State or municipal governments need to be current with their state and federal taxes....

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Sunday, June 28, 2020
Future of the Aloha Stadium
By Tom Yamachika @ 5:00 AM :: 3544 Views :: Development, Higher Education, Tourism

... Can we afford to take the risk of building a new stadium with an entertainment center that may become a financial white elephant like our convention center? ....

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Sunday, June 21, 2020
Pitfalls of the Subcontractor Deduction
By Tom Yamachika @ 5:00 AM :: 3639 Views :: Small Business, Tax Credits, Taxes

...another general excise tax exemption that the State Auditor has put under the microscope....

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Sunday, June 14, 2020
The Giant Sucking Sound
By Tom Yamachika @ 5:00 AM :: 2844 Views :: Economy

...Carl Bonham told lawmakers that we’re going to lose another 30,000 people in just two years. A more pessimistic scenario assumes we are going to lose that 30,000 people in ONE year....

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Sunday, June 7, 2020
Is Our GET Too Soft on Sales to the Feds?
By Tom Yamachika @ 5:00 AM :: 2665 Views :: Tax Credits, Taxes

...tinkering with the tax code to raise more money has the effect of putting the brakes on what little spin we have left on our economic engine....

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Sunday, May 31, 2020
The Governor, The Legislature, and The Billion Dollar Mess
By Tom Yamachika @ 5:00 AM :: 3324 Views :: Hawaii State Government, COVID-19

...figuring out how to spend $1 billion of federal money that is being made available to Hawaii under the CARES Act....

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Sunday, May 24, 2020
Money Laying Around?
By Tom Yamachika @ 5:00 AM :: 3180 Views :: Hawaii State Government, Taxes, COVID-19

...the State Auditor has been busy at work trying to find options for legislators to consider for getting the state budget back on track....

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Sunday, May 17, 2020
Government in the Darkness
By Tom Yamachika @ 5:00 AM :: 2522 Views :: Ethics, COVID-19

... In the Seventh Supplemental Proclamation on May 6, the Administration backed off a bit ....

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Sunday, May 10, 2020
Crossing the Rubicon Into Tax Suspension
By Tom Yamachika @ 5:00 AM :: 2956 Views :: Taxes, COVID-19

...Buried on the 19th page of a 68-page the document is a sentence suspending “Section 237D-6.5(b), distribution of the transient accommodations tax.”....

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Sunday, May 3, 2020
Do Our Laws Still Apply?
By Tom Yamachika @ 5:00 AM :: 3627 Views :: Maui County, Law Enforcement, COVID-19

...the governor has suspended many laws....

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Sunday, April 26, 2020
Can the Governor Raise Taxes Now?
By Tom Yamachika @ 5:00 AM :: 3565 Views :: Tax Credits, Taxes, COVID-19

...This is not a far-fetched scenario....

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Sunday, April 19, 2020
Taxing Medical Practice to Death
By Tom Yamachika @ 5:00 AM :: 3935 Views :: Health Care, Small Business, Taxes

...Unless you like the idea of having doctors in rural areas being scarcer than toilet paper....

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Sunday, April 12, 2020
And We Aren’t Moving People Around Because?
By Tom Yamachika @ 5:00 AM :: 4007 Views :: Hawaii State Government, Labor, COVID-19

...The emergency proclamation suspends several laws, including chapters 89 and 89C, HRS, relating to collective bargaining....

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Sunday, April 5, 2020
Worst Return on Investment. Again.
By Tom Yamachika @ 5:00 AM :: 2982 Views :: Hawaii Statistics, Taxes

...a 50-state study called “2020’s States with the Best & Worst Taxpayer ROI....”

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