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: Scrutinize the Big Agencies!

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. [T /dropcap] here has been a lot of flip-flopping and waffling going on in government.  President Trump groused about, panned, and then finally signed a second stimulus package on Sunday, Dec. 27.  Then Gov. Ige, who previously decided to …

Read More »

TAXWatch: Collective Bargaining Agreement – Supreme Law of the Land?

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. T he path leading to how to fix our battered economy has taken some crazy twists and turns. Governor Ige, first, announced that he will furlough all state workers for two days a month to chop down the expenses …

Read More »

TAXWatch: Don’t Give Me Back Rent, I Want to Continue Hiding from Tax

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. D evelopments during this COVID crisis have brought out tax scofflaws in some of the most unexpected ways. The state has established a Rent Relief and Housing Assistance Program to help people affected by the pandemic make their rent …

Read More »

TAXWatch: Business Entity Registration Scam

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. R ecently, our Department of Commerce & Consumer Affairs (DCCA) reminded people of a news release. The release was directed to anyone in Hawaii that owns or has control of an entity (such as a corporation, partnership, or LLC). …

Read More »

TAXWatch: Tale of the Tape

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. W hen we analyze how well, or how poorly, our economy is faring in response to the COVID-19 pandemic and then try to craft appropriate corrective action, we often hear the buzzword “data-driven.”   ”Data-driven,” in general terms, means we …

Read More »

TAXWatch: Eighth Amendment Protects Us from Massive Tax Penalties

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. “E xcessive bail shall not be required, nor excessive fines imposed, nor cruel and unusual punishments inflicted.”  So reads the Eighth Amendment, part of the Bill of Rights of the U.S. Constitution.  Many of us hearing these words think …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »