Entries for 'Tom Yamachika'

... Hawai‘i Millionaire Tax:  Why the New 13% Bracket Won’t Be the Last ....

... the line-itemed bill, SB 2600 ....

... we are suing the State over it ....

... They have brought the matter to the Honolulu Charter Commission ....

... if the error rate is 10% or more, then we get socked for 15%, which would come out to about $109 million ....

...There’s no magic involved here, only taxes.  Taxes you can see, and taxes you can’t....

... the “settlement” that created the Anti-Weaponization Fund has some issues ....

... the story of a psychologist that was indicted on 32 counts of Medicaid fraud in 1984 ....

... college athletes to be compensated for their name, image, and likeness (referred to as NIL) ....

...Senate Bill 3125, Our Big Tax Bill (which is still a lot smaller than the federal One Big Beautiful Bill Act) was signed into law on May 21 and became Act 24, what I am calling the One Big Tax Bill Act or OBTBA....

... what is going to happen to the renewable energy technologies credit ....

... More tax news that’s fit to print (and maybe some that isn’t) ....

... Here are some of the more significant ones ....

... the bill is not for the faint of heart .... 

... Most of the action happens in back rooms ....

... WAM adopted our redraft ....

“Applies a cost-of-living adjustment to conveyance tax rates.” 

... It might get resurrected this session if it, in Frankenstein fashion, is grafted onto another live bill ....

... Somebody needs to rewrite this bill or put it out of its misery ....

... Any bill that hasn’t crossed over is dead for this session ....

... What will likely follow will be a bit of negotiating, most of which will occur behind closed doors ....

... is it really a loophole? ....

... there are bills that would undo the TAT extension to cruise lines and, instead, impose a per-passenger charge on cruise ship docking ....

... The University of Hawaii has a $429M special fund for tuition and fees ....

... House Bill 2306 and Senate Bill 3125 don’t delay the scheduled cuts by three years or five years.  They propose to repeal the cuts, as in get rid of them for good....

... $30M here, $40M there ....

...There are two Hawaii Supreme Court cases pending that involve fights over the extent to which courts can get involved in taxation at all....

... A mortality rate of 620 per thousand is something you might get with an atomic bomb ....

... millions of dollars lying around ....

... Can we put $80 million to good use instead of just allowing it to sit idle? ....

... a Word Find puzzle with 26 key words and phrases ....

... there is an additional complication called the Pease limit ....

... According to the Census Bureau, state tax revenue from sports betting nearly quadrupled in the last four years ....

... information to purge allegedly fraudulent recipients ....

... the cruise lines alleged that the tax appeal system we have here is anything but plain, speedy, and efficient ....

... the new guidance says that immigrants in certain categories, namely Refugees, Individuals Granted Asylum, Parolees, and Deportation Withheld are “Not Eligible” for SNAP ....

... People sometimes get into a disagreement with the Department of Taxation ....

... better watch out because there are changes coming ....

... some health insurance programs don’t cover general excise tax that we in Hawaii impose on health care charges ....

... Department of Hawaiian Home Lands is proposing Legislators again hike the Transient Accommodations Tax ....

... DHHL's carryover balances, and these high annual re-appropriations that they have, kind of made it low-hanging fruit for the Trump Administration .... 

... federal TANF money that we haven’t spent: $452 million ....

... with a very public step being taken, it will be impossible to simply sweep the matter under the rug ....

... the legislation was enacted in 2019, six years ago.  At the time, the Department issued an announcement saying that it wasn’t ready to implement the requirement yet, so taxpayers could relax ....

... the push and pull that the federal tax system inflicts on state and local tax systems ....

... Trump tax act: new rules on gambling losses ....

"...a significant boost to the standard deduction...."

... This seems to me to be a departure from past practice ....

An individual who receives tips can exclude up to $25,000 of those tips from his or her gross income....

... ten years ago Governor Ige kicked off an effort to get air conditioners into public school classrooms ....