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Entries for 'Tom Yamachika'
Sunday, June 5, 2016 |
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What Will We Do Next for Maui Hospital Workers?
By Tom Yamachika @ 5:01 AM :: 5794 Views :: Maui County, Health Care, Labor
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"All patients of all ages will be negatively impacted by service cuts, so please support privatization.”
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Sunday, May 29, 2016 |
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Will They Come for You Next?
By Tom Yamachika @ 5:01 AM :: 3998 Views :: Taxes
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A U.S. Supreme Court case decided in April shows us the extent to which some tax agencies will go in order to enforce their laws....
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Sunday, May 22, 2016 |
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How Taxes Work
By Tom Yamachika @ 5:01 AM :: 4311 Views :: Taxes
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Every day, ten men go out for dinner....
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Sunday, May 15, 2016 |
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Organically Grown Tax Credits on Way to Governor
By Tom Yamachika @ 5:01 AM :: 4992 Views :: Agriculture, GMOs
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If this credit does indeed become law, expect to see a lot of begging and pleading....
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Sunday, May 8, 2016 |
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Transient Oriented Schools: Impacting Housing Costs
By Tom Yamachika @ 5:01 AM :: 5002 Views :: Education K-12, Rail
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Forced exactions to fund our government don’t always come from taxing agencies....
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Sunday, May 1, 2016 |
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Much Ado About Nothing – The Hawaii Legislature Edition
By Tom Yamachika @ 5:01 AM :: 4916 Views :: Energy, Ethics
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Today we are looking at a bill in our Legislature that contains nothing....
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Sunday, April 24, 2016 |
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Organically Growing Tax Credits
By Tom Yamachika @ 5:01 AM :: 6646 Views :: Agriculture, Tax Credits, GMOs
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Renewable fuel proponents took another shot this year at enacting a renewable fuels credit....
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Sunday, April 17, 2016 |
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Begging for a Piece of the Hotel Room Tax Pie
By Tom Yamachika @ 5:01 AM :: 3280 Views :: Taxes
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On Friday, April 1, April Fool’s Day, a respectable delegation of county politicians gathered in the House Finance Committee hearing room....
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Sunday, April 10, 2016 |
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Hawaii Fuel Tax: Schizophrenia in Motion
By Tom Yamachika @ 5:01 AM :: 3527 Views :: Taxes
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December 31, 2015 not only marked the end of the top Hawaii individual income tax rates, but also of some fuel tax provisions....
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Sunday, April 3, 2016 |
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Low Real Property Tax Is a Bad Thing?
By Tom Yamachika @ 5:01 AM :: 3650 Views :: Taxes
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One of the more interesting bills still alive and being considered this session, is one that would commission a study on the effects of Hawaii’s low real property taxes....
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Sunday, March 27, 2016 |
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Can Illegal TVRs be Taxed?
By Tom Yamachika @ 5:01 AM :: 3172 Views
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...it seems a bit much to ask the brokers to be policemen for the counties ....
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Thursday, March 24, 2016 |
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Lawsuit Dismissed: State’s 10% Rail Tax Skim Stands
By Tom Yamachika @ 5:17 PM :: 4943 Views :: Rail, Taxes
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"Judge Nacino’s ruling doesn’t say that no problem exists, but just says that his court isn’t the one that can fix it”
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Sunday, March 20, 2016 |
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Could You Please Pick Up That Pencil?
By Tom Yamachika @ 5:01 AM :: 3385 Views :: Taxes
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...the Department of Taxation and its customer service, or lack thereof....
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Sunday, March 13, 2016 |
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Regressivity
By Tom Yamachika @ 5:01 AM :: 4196 Views :: Taxes
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...the lowest 20% of our population pays 13.4% of its income in state and local taxes, while the top 1% pays 7.0%....
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Sunday, March 6, 2016 |
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Tax Conformity: Can We Make It Move?
By Tom Yamachika @ 4:01 AM :: 3547 Views :: Taxes
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In this context, conformity means similarity to the federal tax code....
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Sunday, February 28, 2016 |
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Notice Overkill?
By Tom Yamachika @ 4:01 AM :: 4076 Views :: Taxes
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...This repetitive idiocy can cost lots of taxpayer money very quickly....
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Sunday, February 21, 2016 |
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General Excise Tax at 6%?
By Tom Yamachika @ 4:01 AM :: 4538 Views :: Taxes
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Our Legislature is in full swing now and is actively considering a number of bills that will increase our cost of living in Hawaii....
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Sunday, February 14, 2016 |
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Solving the Online Tax Dodge with Cookies?
By Tom Yamachika @ 4:01 AM :: 4713 Views :: Small Business, Taxes
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Every year, lawmakers seeking to fund their favorite programs or services inevitably ask themselves....
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Sunday, February 7, 2016 |
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GEMS to Cool Classrooms?
By Tom Yamachika @ 4:01 AM :: 6463 Views :: Education K-12, Energy, Taxes
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Apparently GEMS is an attractive target for raiding because a 2014 bond issue raised $150 million for the program and little, if any, capital has been deployed to date....
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Sunday, January 31, 2016 |
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Gambling on a Hawaiian Tribe
By Tom Yamachika @ 4:01 AM :: 8859 Views :: Akaka Bill, DHHL, Gambling, OHA
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...allowing a lottery in Hawaii could open the door to other things....
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Sunday, January 24, 2016 |
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Tax Is for the Birds
By Tom Yamachika @ 4:01 AM :: 3737 Views :: Taxes
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...he released seven chickens in the revenue office lobby....
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Sunday, January 17, 2016 |
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Buy America! For an extra $3M – this time
By Tom Yamachika @ 5:01 AM :: 3906 Views :: Rail
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The low bidder for the Kamehameha Highway Stations Group appeared to be Watts Constructors, which bid $112.7 million for the project. The job went to Nan Inc., which bid $115.8 million. Why did that happen?....
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Sunday, January 10, 2016 |
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Unfriendly Skies?
By Tom Yamachika @ 4:01 AM :: 3928 Views :: Taxes
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Serious students of history may wonder what is going on. There is, after all, a federal law that prevents Hawaii taxes from touching an airline’s gross income....
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Sunday, January 3, 2016 |
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Permanent Internet Tax Freedom
By Tom Yamachika @ 4:01 AM :: 3708 Views :: Taxes
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Hawaii was one of fifteen states that were grandfathered....
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Sunday, December 27, 2015 |
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Delays Upon Delays at DHHL
By Tom Yamachika @ 4:01 AM :: 4762 Views :: DHHL
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DHHL was listed as having $55 million in federal housing funds awarded for Native Hawaiians but unspent, resulting in HUD suspending additional funding....
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Sunday, December 20, 2015 |
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GEMS: Gets Everyone’s Money Swiftly
By Tom Yamachika @ 4:01 AM :: 6722 Views :: Energy, Tax Credits, Taxes
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...our government has forced our utilities to jack up our electric bills to pay for this financing program that, to date, has not been able to underwrite a single kilowatt....
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Sunday, December 13, 2015 |
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An Early Christmas Present from IRS to Heald Students
By Tom Yamachika @ 4:01 AM :: 4461 Views :: Higher Education, Taxes
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Students often owed $40,000 or more in college loans – holding a degree they claimed was inadequate at best....
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Sunday, December 6, 2015 |
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Please! Spend More!
By Tom Yamachika @ 4:01 AM :: 3802 Views :: Hawaii State Government
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...Uncle Sam is giving us money. But we are not spending that money so the federal agencies are saying, “Looks like you don’t need this, so why should we give you any more?”....
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Sunday, November 29, 2015 |
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Rail: Thumbing Our Nose at the Feds
By Tom Yamachika @ 4:01 AM :: 4914 Views :: Rail, Taxes
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...the Honolulu City Council is considering an ordinance to extend the rail tax....
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Sunday, November 22, 2015 |
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Year-End Tax Planning Tips
By Tom Yamachika @ 4:01 AM :: 3936 Views :: Taxes
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The top rates of 9%, 10%, and 11% go away at the end of 2015. The top rate effective as of the beginning of next year is 8.25%....
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Sunday, November 15, 2015 |
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Working on the Fringe
By Tom Yamachika @ 4:01 AM :: 4745 Views :: Small Business, Taxes
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“Revisiting the Taxation of Fringe Benefits”
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Sunday, November 8, 2015 |
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The Shaky Future of Bonus Depreciation
By Tom Yamachika @ 4:01 AM :: 5041 Views :: Small Business, Taxes
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“50% bonus depreciation” is a system where half of the equipment cost can be deducted in the first year it is placed in service....
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Sunday, November 1, 2015 |
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Wonder Blunder Times 3.5
By Tom Yamachika @ 4:01 AM :: 3668 Views :: Higher Education
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Gib Arnold, former basketball coach at the University of Hawaii, just hit the jackpot....
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Sunday, October 25, 2015 |
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Ten Million Words and Counting
By Tom Yamachika @ 5:01 AM :: 3617 Views :: Taxes
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...today, the federal tax code is roughly six times as long as it was in 1955, while federal tax regulations are about 2.5 times as long....
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Sunday, October 18, 2015 |
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Taxpayers Also on the Hook for VW Diesel Dupe
By Tom Yamachika @ 5:01 AM :: 5203 Views :: Environment, Tax Credits
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...the Energy Policy Act of 2005 extended an existing green vehicle tax credit to the new breed of diesels....
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Sunday, October 11, 2015 |
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Taking a Homeowner’s Exemption for a Home You Can’t Live In
By Tom Yamachika @ 5:01 AM :: 3716 Views :: Taxes
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On April 13 this year, Bill 36 was introduced in the Honolulu City Council....
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Sunday, October 4, 2015 |
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Ways to Own a Utility
By Tom Yamachika @ 5:01 AM :: 4191 Views :: Energy
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...politicians have thrown out alternative ownership models for the transaction....
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Sunday, September 27, 2015 |
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Captive Insurance: The Clean Version
By Tom Yamachika @ 5:01 AM :: 4828 Views :: Hawaii State Government, Taxes
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...the IRS has added a new item to its “Dirty Dozen,” a list of tax scams....
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Sunday, September 20, 2015 |
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Can We Save the EITC by Making the Form Tougher?
By Tom Yamachika @ 5:01 AM :: 3814 Views :: Tax Credits
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...an "error rate," meaning payouts to people not legally entitled to them, in excess of 20% for the last ten years....
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Sunday, September 13, 2015 |
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Tax Credits: Heads They Win, Tails You Lose
By Tom Yamachika @ 5:01 AM :: 3743 Views :: Tax Credits
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...weeping, gnashing of teeth, and litigation....
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Sunday, September 6, 2015 |
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What Should We Be Asking of the HECO Merger?
By Tom Yamachika @ 5:01 AM :: 4383 Views :: Energy
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...let’s look at the tax-related conditions that are being proposed....
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Sunday, August 30, 2015 |
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Taxing Digital Goods
By Tom Yamachika @ 5:01 AM :: 4119 Views :: Taxes
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...taxing authorities have had to undergo serious mental gymnastics to characterize digital products such as streaming video in a way that can be dealt with by their tax regime....
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Sunday, August 23, 2015 |
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IRS, Could You Please Answer the Phone?
By Tom Yamachika @ 5:01 AM :: 4573 Views :: Taxes
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...the Hawaii Department of Taxation was able to answer less than half of the phone calls it received....
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Sunday, August 16, 2015 |
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Penny for Your Thoughts? No? How About 50 Million Then?
By Tom Yamachika @ 5:01 AM :: 5340 Views :: Environment, Tax Credits
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Is that how we steward taxpayers’ hard-earned dollars?
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Sunday, August 9, 2015 |
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Relativity Media: E + mc = 0
By Tom Yamachika @ 5:01 AM :: 4569 Views :: Tax Credits
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You may remember Relativity Media from its efforts at the Hawaii Legislature in 2011 and 2012....
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Sunday, August 2, 2015 |
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You Can Have That Road, Alphonse…No! You Take It, Gaston!
By Tom Yamachika @ 5:01 AM :: 5345 Views :: Hawaii History, Hawaii State Government
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...the State and counties aren’t clear on which roads they own....
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Sunday, July 26, 2015 |
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Who’s the Boss, Anyway? (Part 2)
By Tom Yamachika @ 5:01 AM :: 4186 Views :: Taxes
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...voters had limited the power of its legislature to enact taxing and spending bills, and some legislators sued....
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Sunday, July 19, 2015 |
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Post-Employment Benefits Are King
By Tom Yamachika @ 5:01 AM :: 4875 Views :: Hawaii State Government, Labor
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The Hawaii Constitution says, “Membership in any employees' retirement system of the State or any political subdivision thereof shall be a contractual relationship, the accrued benefits of which shall not be diminished or impaired.”
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Sunday, July 12, 2015 |
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Clean Energy Equals $418M Tax Hike?
By Tom Yamachika @ 5:01 AM :: 7363 Views :: Energy, Tax Credits, Taxes
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Our government is supposed to be studying how to produce clean energy, not how to milk the public!
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Sunday, July 5, 2015 |
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And the Lowsman Trophy Goes To…Hawaii!
By Tom Yamachika @ 5:01 AM :: 4289 Views :: Hawaii Statistics, Taxes
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Fortunately, our lawmakers are allowing the three top rates to die a natural death at the end of this year with our highest marginal rate a more modest 8.25%....
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