Entries for 'Tom Yamachika'

Sales taxes in most states leave rent alone, but our General Excise Tax (GET) taxes it....

...HB1307, introduced by Rep Kaniela Ing, raises income taxes on middle class families by 12%....

All state income tax systems in the United States, including ours, have a set of rules that are used to figure out which state has the primary right to tax income....

...the Institute on Taxation and Economic Policy (ITEP) has released a report. ranking the states in terms of how progressive their tax systems are....

The state has been draining money out of the rail surcharge. Lots of money....

...According to a report by the Hawaii Appleseed Center for Law and Economic Justice, it lifts more families out of poverty than any other federal policy....

...In 2005, a survey asked a sample of 1,000 adult Americans what would be the most practical way for them to accumulate several hundred thousand dollars....

...“policy measures and costs impacting small business and entrepreneurship.”....

Recently he made news by publicly saying he absolutely won’t pay his U.S. taxes....

...when a Hawaii taxpayer reaches $200,000 in federal adjusted gross income, a number of bad things happen that, in total, can result in a marginal tax rate of 367,100% on that last dollar....

We continue our series of pending U.S. Supreme Court cases....

Under the TBOR, tax increases and significant government borrowing had to be presented to the voters before they could take effect....

The Tax Foundation just released its 2015 State Business Tax Climate Index....

Big names in the market are Uber, Lyft, and Sidecar....

Other states don’t have anything like these exceptions....

...Hawaii fell eight rungs from last year, tying the great state of New Jersey for the honor of being the least improved state....

As of June 30, 2013, Hawaii’s 11% top individual rate was second only to California....

Elections are happening every day. People are constantly voting, with their dollars and with their feet....

...the study ranked Hawaii’s tax system 49th out of 50, in the order of fairness....

This week’s illustration of how timing is important involves the Hawaii Renewable Energy Technologies credit....

...poor timing can lead to tremendously bad results in Hawaii's tax system....

...State governments, including ours, are increasingly using targeted benefits, such as tax credits and exemptions, to attract companies....

What qualifies as real estate for REIT purposes is an issue that recently has been in the news....

Mr. and Mrs. Stocker waited until the day their taxes were due....

Airline passengers are considered an easy group to tax....

...Department of Taxation employees were able to answer the phone only 59% of the time in 2013....

...Our Hawaii Supreme Court said that it reaches "virtually every economic activity imaginable"....

...“inversion” occurs when a U.S. company merges with a foreign company and moves its headquarters to the foreign country....

...the CLEAR facility is located at UH West Oahu, and that campus testifies that it is okay with scrapping the CLEAR fund....

...Hawaii's power prices are among the highest in the nation as well. Not surprisingly, one of the big reasons for this is taxation....

The old saying "nice place to visit but I wouldn't want to live there" seems to sum up employment conditions in Hawaii....

...in 1978 when Hawaii adopted its present system of conforming to the federal Internal Revenue Code, inflation adjustments were left off the table....

What it would take to help the state create a governing and regulatory climate that would bring in more revenue without raising taxes....

When you think about paying taxes, most people seem to think that it's about the same as throwing money down a rathole....

...between 1995 and 2000 roughly 12,000 people moved from Hawaii to Nevada, and about 1,850 moved from Nevada to Hawaii....

We certainly hope that no one is thinking that the citizens of the reconstituted Kingdom living on state lands, and taking advantages of the benefits and services offered by the state and federal governments, will then claim they don’t have to pay for them....

Let’s use the discussion over this credit to help us all determine what time it is....

...something remarkable happened in the last days of our legislative session....

One feature of our legislative session is that a lot of work needs to get done in a short amount of time. When that happens, there are “oops” moments....

This week we look at the term “stable funding source.” In business, there is no such thing....

One of the bills now making its way through the Legislature concerns the motion picture, digital media, and film production tax credit....

This problem could be solved if Congress steps in....

At June 30, 2013, ERS had an “unfunded actuarial accrued liability” of about $8.4 billion. For EUTF, the number was about $18.2 billion....

Once in a while people fight with taxing agencies about their taxes....

This bill is still alive and it represents probably the largest TAX INCREASE still moving.....

Appeals officers help over 100,000 taxpayers each year resolve their tax disputes with the IRS....