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Tom Yamachika

Tom Yamachika
Tom Yamachika is the President of the Tax Foundation of Hawaii, a private, nonprofit educational organization dedicated to informing the taxpaying public about the finances of our state and local governments in Hawaii. Tom is also a tax attorney in solo practice and has been since early 2013. Prior to 2013, he was with the accounting firm Accuity LLP, which was formed in 2006 from the Honolulu office of Coopers & Lybrand (which later became PricewaterhouseCoopers). Before that, he served as an Administrative Rules Specialist in the State of Hawaii Department of Taxation from 1994 to 1996, where he drafted rules, interpretive releases, and legislation on several different state taxes. Prior to that, he practiced litigation and tax law with Cades Schutte Fleming & Wright in Honolulu.

TAXWatch: Standardless Spending, Part 2?

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. A few weeks ago, we wrote about how the State’s procurement law was suspended by Governor’s Emergency Proclamation.  We argued it meant standardless spending, and we were delighted to report last week that the issue was addressed in the …

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TAXWatch: Where’s All the Money?

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. F or most of us, if we are asked how much money we have (perhaps by a bank or credit union that is considering lending us money), answering the question isn’t terribly difficult. Look up a bank account or …

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TAXWatch: A Ham-Fisted Way of Getting Folks Back to Work

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. H ere in the City and County of Honolulu, lots of people are out of work, especially in the hospitality industry.  At some point the economy will reopen, and people will start occupying hotels again.  Then, according to a …

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TAXWatch: Someone Was Listening to the Howl in the Woods

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. H ere at the Tax Foundation, we watch our state government, and we howl a lot.  Often, we don’t know if our message is being heard, or if it’s being taken seriously. A few weeks ago, we complained that …

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TAXWatch: Making Up for Budget Shortfalls

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. L et’s first start by stating the obvious.  We’re in trouble. According to the latest forecasts put out by our Council on Revenues, we have a state budget hole of more than 2 billion dollars. This has to be …

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TAXWatch: Pulling Teeth at OHA

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. I magine that you wake up one day to an awful toothache, and you march into your dentist’s office.   But then your dentist says, “Well, you tell me your tooth hurts, but can you prove that you have a …

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TAXWatch: Academic Leadership

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. R ecently, the University of Hawaii announced that it was going to take steps to combat the anticipated budget shortfall caused by our economic shutdown and the consequent drop in tax revenues. Effective November 1, it will be paying …

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TAXWatch: Standardless Spending

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. W e are feverishly trying to spend federal dollars for the common good and busily preparing for a historic election.  There are, however, other huge projects in the wings where government agencies are setting up to spend record-setting amounts …

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TAXWatch: Veto of the ‘Revolving Door’ Bill

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. O n September 15, Governor Ige released his final list of bills he is vetoing from the 2020 legislative session.  The list included House Bill 2124, which some people have called the “Revolving Door Bill.” Currently, the State Ethics …

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TAXWatch: State Auditor’s Review of GET Exemptions and Exclusions

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. I n 2016, lawmakers came up with a law requiring the State Auditor to review exemptions, exclusions, and credits in the general excise, public service company, and insurance premium taxes.  Under the terms of the law, HRS section 23-71, …

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