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: 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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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, …

Read More »

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, …

Read More »

TAXWatch: So Do We Have Contact Tracers?

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. L ast week we discussed contact tracers, the people at the Department of Health who are supposed to follow up with COVID-19 positive patients and trace their contacts in order to either find their sources of infection or at …

Read More »

TAXWatch: Case of the Missing Contact Tracer Millions

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. T he story you are about to read is true.  The names have not been changed to protect the innocent.  This is the city:  Honolulu, Hawaii.  I live here.  I’m a doggie. This is the Case of the Missing …

Read More »

TAXWatch: Is Our Share of CARES Act Money Disappearing?

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. T wo weeks ago in this space, we wrote about a generous genie known as Uncle Sam who is making available $1.25 billion under section 5001 of the CARES Act.  The catch is that the money can be used …

Read More »

TAXWatch: How We’re Going to Spend CARES Act Money

The opinions and information expressed in the Community Viewpoint are solely those of the authors and not the MAUIWatch Community Network. I magine what would happen if a genie came up to you and said, “Here’s a pot of money for you. All you need to do is spend it by the end of the year. If you don’t, whatever you haven’t …

Read More »