Now, of course, Avi Loeb, Harvard professor who runs the Galileo project, now doing research into this, talking about it openly, another sign of just how far we've come in a little time. Those are the stories I love the most of the awakenings, somebody like Michelle Kiku, who's on one path and has his own awakening, I think by virtue of being introduced to this material so often and like you said, going to expos and speaking to people and you get an opening where that information can start coming in and you start seeing the validity of it. I think it's phenomenal.


Hey guys, it's Nate, aka The Foot Account, and welcome back to the channel. We are today just looking ahead a little bit at what could be coming in the next few days as our next promo as Future Stars is kind of coming to a close throughout the rest of this week. We're in the last few days of having these Future Star cards and all of the Future Stars content out in this game. I wanna take a look at what this promo might be that is coming up next. There's a lot of leaks and we're also going to enter into a small discussion today about how leaks are still affecting the market, but how leaks are kind of changing a little bit as was. We have had two different promos leaked to be coming soon. They're both impacting the market. We've already seen panic selling because of one of the leaks, Foot Captains. But is that really the promo we're gonna see and is EA starting to like try to confuse some of these leakers by putting in a lot of extra information into whatever game code that these leakers are seeing. And then also talk about how the party bag did not drop yesterday and just talk about the market as it is right now because SBC Fodder is actually to the moon. Like SBC Fodder is really, really high. And it's because of the lack of content honestly, lack of insane content apart from those big icon upgrade SBCs that were dropped earlier this week. So we're gonna talk about all of that today. If you missed yesterday's second upload about icon moments, we have icon moments dynamic images confirmed. I'll put the link to that video right up here. Make sure you go and check that out. There's a lot of great and useful information in there. But if you're excited for today's video, hit a thumbs up and of course, subscribe if you're new. Well, what's the next promo gonna be, right? That's the question. We're kind of getting to the end of future stars. People are wondering what's next. There's already been panic selling on hero cards all across the game. This panic selling on, especially Ginola is the card that of course most people recognize as being down the most, right? 720K for a card that was a million coins before this last weekend happened. There was a promo called Foot Captains that was leaked, but now it's looking like that might not be as likely. Now, what in the world was this? Suppose this Foot Captains promo was hero cards that were captains for their club or country that were going to get upgraded. So, you know, players like Dimitale, Cordova, you know, Dempsey, Morientes, a lot of these hero items were going to be basically new versions of heroes, which is something that we've been looking forward to throughout this year of FIFA, at least in the past month or so. We've been looking to see, okay, a lot of these heroes are not that usable anymore, except for the top few. How is EA gonna upgrade these or drop new versions? Like they said they were going to at the beginning of the year. Again, this is what everybody's been looking back to, saying that EA has said there may be additional versions of heroes made available as a part of campaigns and promos. We haven't seen those yet. So, this leak, which was talked about four days, five days ago on February 10th, people were really excited about this because like, oh my goodness, new heroes, this could be insane, right? So, that's what started a lot of the panic selling on a lot of the hero prices. Then, of course, the flashback Neymar came and that dropped them even further. But, in all honesty, we thought we were getting this promo next. But, again, this just kind of goes and shows right now like what is going on with all the leaked stuff. We now have people talking about, and some of the leakers are talking about, that Road to the Final might be the next promo, which would make a lot more sense because we were looking into this and like, man, when are we gonna have Road to the Final? We don't have any live cards right now that articulate in our connection to the Champions League games that are going on. We had some fantastic Champions League football yesterday, PSG and Real Madrid with the Mbappe goal in basically injury time at the end of the game. Right, what a game that was. And we already have this hype that is building. It seems like we need a promo to go along with it and cards to go along with it. Now, before you stop me, don't believe what some people might tell you. These cards that are out right now, where's Rodrigo? These cards are not live. This guy has 200,000 coins. He dropped off, take a look at this. Yesterday after Real Madrid lost 1-0, this guy went from 214,000 coins. He was 190k flat. He's 190k flat. This card is not live. These are Road to the Knockout versions, right? Same thing with the Marquinhos that actually went up in price. Marquinhos wrote to the final if it's on here. I don't see it. Well, there's Marquinhos' regular card or his team of the year. But this 90-rated Marquinhos went up in value yesterday and spiked after Mbappe scored. You can see he went from like 620 to 670. But these cards are no longer live. Again, these were Europa Road to the Knockouts. We are in the Knockouts. We have no cards right now upgrading. And again, EA did say Road to the Knockouts are only eligible for upgrades in the group stages. However, RTTK is just the start of our celebrations with more to come in the Knockout stages of the different Europa Conference League, Europa League, Champions League competitions. So, I think, and with this leak that was talked about yesterday, it would make more sense for the Road to the Final to be the next promo. But it really seems like the whole controversy around leaks right now is that EA is releasing a lot of leaks that, it seems like EA is trying to confuse the leakers or at least maybe try to pinpoint where this information is coming from that people are leaking. Because from day one, I've imagined and I've thought that EA does not like leaks. But they've been adding all this stuff, right? Think about Flashback Bale, the Gen-Duzi SBC that everybody panics sold for, or the R9 SBC that everybody was looking forward to. We've really been starting to believe these leakers and what they've been saying as the book and as what's actually gonna happen. And now we've kind of figured out that EA's maybe throwing some facetious information in there that's not 100% true, throwing some cards and some information and some leaks out there to try to confuse these people. But of course, they tweeted out and then people panic and stuff like that. So, again, he says here, lots of cards that were leaked but others were real, they do exist. But I believe that most were added to not actually release. So it seems like they're throwing some of these cards in to try to confuse people. So again, recently I feel like we've been not taking these leakers. Again, we've always said it, right? I've always said in these videos that we take the leaks with a grain of salt or a pinch of salt, we believe them, right? With just this little much of truth to them. And I feel like we've been believing them with the full truth recently because they've been so on par and so accurate and spot on with the last few promos. Every single card has been leaked and accurate and it's come out. And now that's not really the case. So again, I think we just, it's a good way to keep ourselves in check that we need to not believe that every single day we're gonna know the content that is gonna be leaked or the next promo a week ahead of time and kind of keep us in check that, yeah, just believe all those leaks with just a grain of salt. But I'm still, we have to talk about leaks because they impact the market like they have recently. And even yesterday with a Luis Felipe SBC dropping that was leaked like an hour before content, you saw the market move, right? Green link to this card, Malinkovich Savage Winter Wild Cards item went up like 30,000 coins, then this SBC came out and it went down. So especially if you're trading around leaks or if your card starts to go down in value a lot because of leaks, there are still gonna be those happenings and those circumstances on this market for sure. And then we just have to be smart with this stuff and we just have to, again, just realize what stuff is really legit and what stuff just seems kind of far-fetched, right? Ben Yetter, player of the month, that's not far-fetched. Like that's pretty legit. He was in the voting, played the month, it's played the month time anyway. We're probably gonna see multiple POT MSBCs in the next day, two days, three days with Premier League, Bundesliga and Ligue 1. All the votings are kind of ending. So that's just what I wanted to talk about with the leaking situation. Now, again, today into Wednesday, you know, Wednesday is sometimes when we get loading screens and it could put all the controversy and all the hypotheticals to bed today. If we do get a loading screen telling us what the next promo would be, also we still maybe keep an eye on the leaks and see what people start tweeting out, to see what people start posting. Because as it seems, like the leaks that come, they happen really soon, right? The Neymar flashback leak was on Friday and the SBC came out on Sunday. It was like this, boom, boom, right? The Luis Felipe, as I mentioned, the leak came out early this morning and the SBC was dropped the same day. So we're looking for maybe these leaks that seem more legit, more realistic and their shorter timeframe and shorter turnaround. And that's more of stuff that we can probably believe and see as true. But all leaks in general are still gonna impact the market and that's all I'm talking about leaks, all right? We've talked about leaks plenty long enough. I really think this is just using my general, I guess, assumptions and the way that I think EA would like to put cards in this game. I feel like road to the final would be the next promo. I hope that they drop a loading screen for today. Honestly, yesterday's content on Tuesday with having the year in review player pick dropped again. For the second week in a row, we had this future stars, sorry, not year in review, the future stars reunion player pick. Now you were able to do this repeatable three times and now I have not done it three times, I did it twice, both were Ls, not doing this anymore. The Packway did seem a little bit better on these but it was just this SBC, okay, whatever and then they dropped a Luis Felipe, which I think is a decent card. Dynamic image is a little underwhelming. Yes, he's got a four star weak foot. Yes, it's a Brazilian center back but if you really need a Brazilian center back for your team, just go to future stars team number two and buy this Ibanez guy for 39,000 coins instead of doing a 100,000 coin SBC, right? These two are about the same card. If not, this one is just, it's better. I mean, yes, he does have less passing and less dribbling the Luis Felipe but he has basically the exact same defensive stats and a little bit more pace. So this Ibanez for me is a better option and a better choice than the Luis Felipe unless you're trying to run them both together. I don't think that that SBC is like horrendous value and it's Brazilian. So I know a lot of people like it. You see the upvotes here. A lot of people will like this, right? Because it fits into the Brazilian meta of course with the name RSBC, a lot of Brazilian teams are out and being rocked right now. So that's there from yesterday. So I understand why people want to go out and do that SBC but we didn't see the party bag SBC, right? That was the big news. We were kind of hoping for that party bag. I said in yesterday's video I thought it would either come yesterday or Thursday. I think I still stand by that. I mean, Wednesday today is still a potential opportunity for a party bag SBC but it seems like in the past couple of weeks they haven't been dropping as many like of those gamble SBCs on Wednesdays. Wednesdays have actually been pretty quiet for the past couple of weeks. So I think that they could drop it again today. That party bag is still, I think in SBC that we will see before the end of this week that would contain future stars from team number one, team number two, that would contain honorable mentions cards and winter wildcards. So of course, if you see some leaks early into today or tomorrow saying that the party bag is gonna come. I mean, I think to me that would seem pretty legit. Now, speaking of some of these, the party bag what's that gonna do to the market? Well, you probably would see some more panic selling on these future stars cards. And a lot of you guys may be like, Ayo, I really want a Florian Verz for my team or I really want a Graven Verge or a La Croix. I think as we get towards the end of this week, depending on if we get a loading screen what the leaks are saying about a promo for Friday, these cards are probably gonna get close to being a buy near this timeframe. Maybe we'll have to wait all the way until Friday to see what the content is. If it's not that great, maybe these team two cards will rise up a little bit out of packs like the team one cards did for that weekend. So just kind of keep an eye on these cards. I still think that all of the future stars from team number two have a little bit more room to drop with content coming out later on this week. So, I mean, other than that for today's content on Wednesday, I think that team of the week 22, of course, that's a thing that we get every single week on Wednesdays. We are also very close to the end on the future stars swap tokens. I believe we have 26 tokens that have been released thus far in various fashions and forums. I think we have 26 tokens that have been released. That means according to EA's website that we're gonna be 28 tokens. So there are only two more that they will be releasing whether via SBC, via objective or whatever it is. It seems like there's only two more tokens to go and it would make sense for those tokens to be released on these last two days of future stars, right? Today on Wednesday, tomorrow on Thursday, and then on Friday would be, of course, whatever new promo is next. So, that's kind of what I would imagine and what I would think. Of course, if you haven't opened your 85 times 10 yet, we actually opened, the first time on stream yesterday we opened a future stars team one player pick for the 25 token reward, which is like, man, it's really a gamble, right? But the gamble paid off because the one that we opened had Smith Row, Chow Mani and Konate in the player pick.   Now, some people are saying there's 30 swap tokens in general, that was a part of leaks. Again, the EA official website says 28. We'll see what they do. You know, some people are saying, well, the pack that is in the store that contains a swap token doesn't actually count towards that 28. In my opinion, based on what the EA website read, I think that it does. So we will have to see. This again expires on Friday at the content drop as well. So I don't think there's gonna be another one of these since it does run its course until then. So I feel like 28 tokens is gonna be the magic number by the time we get to Friday and by the time Future Stars is ending. So, if you're also wondering like, Nate, right now, yes, there's 81 plus player picks. Yes, fodder is sky high because of all of these icon SBCs that everybody is doing. And I wanna show you guys fodder right now just to show you like the icon player picks, right? People absolutely love these. And the mid or prime icon that is repeatable with no limits, I'm pretty sure. At least I haven't done this. So I don't know if there's a time limit on this. But fodder is sky high, but you may be like, Nate, how do I trade and make coins right now? We'll talk about that in a second. But just so that you guys can notice again, fodder is to the roof. And I think that last week or two weeks ago, Wednesday was actually kind of your high point for fodder. Now, if we have a party back today, then I would 100% say that lower tier fodder, like 83, 84s, 85s, I would look to cash out on some of that stuff. And I would imagine that with a promo this weekend, fodder would go lower and it would drop again. So this is an absolutely banging time. If you've bought fodder last weekend, when we talked about it, when it was really low, probably today, tomorrow would be a great time to get out. Especially Wednesday, I think if we look back, even on like the index 86, let's see if this tells us any stories in the past week. You can see, oh yeah, Wednesday of last week on the, wait, Wednesday, February 16th. Sorry, I need to go to daily graph. Today is Wednesday, February 16th. So last week, we had fodder spiked on Wednesday and Thursday and then bang, it dropped down on the weekend to kind of where it was. It dropped down a lot with the packs for Future Stars Team 2 and then rebounded big time even to a higher range right now, where we are, 86s are like, how much are these guys? 86s are like 20K, 20, 21,000 coins, 88s are 37K a piece. All this fodder is crazy high. So I would look to get this stuff out in the next day or two, especially if like a Benyetter Player of the Month were to come out. The probability of Benyetter Player of the Month coming out today or tomorrow and being overpriced is very likely, like very likely because of how high fodder is. But again, Benyetter Player of the Month should be out for 30 days or 28 days so it should be out for a long time. That's a positive to that type of SBC but I think that fodder would be a sell in the next two days while it is crazy high before we get into the weekend again with more packs. But if you're again like, Nate, how do I trade right now on this game? Just do some of your most simple methods. Yes, it's a little bit grindy. Yes, it's like not glamorous and it's not crazy cool. It's not rocket science or anything like that. Let's go to like Tomiyasu Senderback, right? He is in team number two of Future Stars. This card right now on the market's about 70K which in my opinion is still a bit overpriced but people want to try this card. Okay, perfect example. Tomiyasu with the shadow right there is 70,000 coins. What does he actually sell for more than this with the shadow? If he sells for like higher than 75K, okay, he doesn't really right now at least. Maybe during the high of the day when there's more people on, he does.  That's the stuff that I'd be doing right now on this game. When we get these year in review party bag packs, this is what I did yesterday. I bought some Dina Talle's because I knew that with the Luis Felipe and of course with this foot captain's promo not looking very likely, Dina Talle dropped under 130K yesterday and I bought a couple of them. Salah was like 670 or 680. I bought a couple of these for under 620 but other cards yesterday that were involved in the year in review player pick like Adidas numbers up, Joao Felix, right?  He was just 530, there's a couple undercuts here at 512. So cards like that are moving.  The Winter Wild cards and the honorable mentions items, all the cards that are a part of that party bag that could get packed are gonna probably drop in price a little bit. Now what you're gonna have to do is again find the ones that are the most rare, the ones that aren't really getting packed a lot but people will be scared of packing and you see their prices drop, that's an opportunity to pick up on some of those for a potential rebound back later. That's where I'd be looking to trade right now on this game, on this market with stuff that is gonna continually fluctuate. There is still gameplay demand, right? This is the second week of people having to play more rivals games to get their rewards, right? Four games to get your weekly reward and then eight games instead of seven to get your reward upgrade.  EA's done a really good job with keeping people engaged with gameplay this year with how they set up rivals, champs playoffs and champs finals in my opinion. So there's still demand out there and that creates opportunities to trade as prices move up and down on this game. So that's kind of what I'd be doing right now at the moment and again, it just seems like yesterday's content wise was just kind of an L. It was kind of quiet, not a lot going on. Yes, the year in review was kind of cool. The 81 plus player picks are still out and people are doing that, which is draining coins off the market even more in itself. So just keep an eye out for today's content on Wednesday. It might be another slow day, but hopefully we would get a loading screen either today on Wednesday or tomorrow on Thursday, some sort of loading screen, probably some more leaks as well, talking about what in the world is coming next on this game. If I have to guess, it's road to the final, but I don't have information. I'm not a leaker. I'm just pulling off my best guess because Champions League is starting back up again and they would have an opportunity to run the road to the final promo right now in this very two week window. If they wanted to make it two weeks, they could because in the next two weeks, you would have the ability to play the all the first legs for a lot of these competitions, but also in the next two weeks, because of an international break at the end of the month, I believe, or at the start of March, I believe there's an international break in there. It could be wrong, but there would be time for those cards to go out of packs before the second leg would be played and that's where the hype would be, right? Because after the second leg would be how they maybe upgrade some of these. So we'll see what EA has planned in mind for that road to the final. That'd be a really high promo and I really hope that it's next, but it also does seem the most realistic to me. So we'll see what EA does and what they have planned. When we're looking off that loading screen today, we're continuing to make coins, buy cards, flip and sell. We are on the kind of the grind and the trading grind right now, trying to get ourselves as many coins as possible in the second half of the year, heading into team of the year, sorry, team of the season, foot birthday. There's gonna be a lot of promos with upgrade packs that I'm gonna wanna open upgrade packs for. So that's what the motivation and the grind is for right now is getting those coins built up so that we have oodles of coins towards the end of the year, middle part to end of the year, when they put even more insane cards out and we want to hit upgrade packs and have a lot of fun with those and all the SBCs that they put out as well. So that's kind of my motivation and grind right now inside of this game of why I'm still trading and doing a lot of that. I'm also trying to put a little gameplay shift in. First time ever to division one in any FIFA and I'm really chasing after elite. I really hope that I can get it this week. I'm halfway up. I was almost to that next checkpoint, lost a couple games, now we're back down. So I'm trying to get this all the way up to that elite division. That would be, if I got elite division this week, that would be insane. That'd be a huge personal accomplishment. Yes, the insane pack look has helped, but we're pushing for that. Putting a little bit more emphasis on the gameplay grind this week to try to get up at that elite division for the first time ever this year and any FIFA getting above division two was a first time achievement for me. So that's kind of what's going on with TFA this week. The coin making has been good. We are over 10 million coins if we went liquid. So we're gonna keep that grind up, keep the train rolling and hopefully EA drops at least something halfway decent today on Wednesday.  So that's the video for today, boys. Let me know down in the comments what you're thinking and what you're hoping for. Do you like the idea of foot captains? I'm not saying foot captains is not gonna be coming, right? They've said that with the leaks too, but maybe that's just some info that was added early. We're not sure. It just seems like a jumbled mess in terms of leaks right now. So I'm gonna focus on what's guaranteed, what we know is for sure and is legit and that stuff that is actually in this game and not so much the leaks. So of course, if you did enjoy the video today, put a thumbs up on it and subscribe if you are new. It has been Nate the Foot Accountant. I will catch you guys later. Peace.


Hi everyone, Joe for Jaspy's Case Breaks.com coming at you on a two Tuesday with 2023 Panini mosaic football six box half-case pick your team number three All card ship a lot of great stuff here big. Thank you to this group right here for making it happen It's already the 26th geez pick your team three If you have Maz 20 next your name that means you won that spot in that mosaic football pack number 20 Then you got last spot mojo with the Texans So thanks to you. Thanks to everybody. Thanks everyone for making this happen. Appreciate you and a fresh case Let's see what we got There's the fresh case right there Knife knife is right here. Oh Oh, okay, I see So we've got Two four six right there and two four six right there. So one two three For the top six four five six for the bottom six One top six Let's just slide these Six off the top and the bottom Six will do for break number four Which is on the site right now jaskies case rates comm no filler Not yet. Anyway, I will be putting this into a filler after this break if you're watching live So if you just want to get your team straight up We might even be able to fill up the break straight up. You can kind of see for right there those two Side right over here That's all one snake. I just want one eye Just one eye All right, and good luck Two autographs per box on average mosaic usually has a lot of fun parallels We're looking for all those parallels and ultra rare inserts stained glass kaleidoscopic and more All right, good luck everybody Well, let's do a quick recap of week three. It's all in the books last Thursday Niners beat the Giants 30 to 12 and Christian Kauffer and the Niners winning their 13th straight in the regular season Giants just really couldn't get anything going on Thursday Browns Beat the Titans 27 to 3 miles Gary Cleveland defense devours the Titans to Sean Watson with a couple touchdowns bouncing back from the the the bed Nick Chubb news Should we skip the jet set of Lions cruised over the falcons 20 to six scoff throws and runs for TDs That's good Packers beat the Saints by a point Jordan Love rallying the Packers to an 18 to 17 win Derek Carr going down with the AC joint injury which which is it's like the top of your It's where your collarbone meets your shoulder and it's like that little soft spot. That's kind of right in between there So I don't know if he's gonna be out For how long apparently not seriously is he gonna miss a game? We'll see We'll go through the other games in the next box, but here we go and they yeah We'll preview next week as well sort of a longer break. It's kind of a good time to do that These ones aren't numbered these refractors are not numbered as well Kid reporter cards And our first auto is Derek Hall For the Seahawks who has the Hawks of the Sea Douglas who won the Seahawks in the filler It's the blue auto 72 out of 99 Of course, we'll do a little autograph recap at the end as well along with so many low numbered hits that we may stumble into When Williams red And we've got a Jartavius Martin orange to 199 and 33 out of 49 audible Matthew Stafford. Oh Ma, what are some other good audibles? Taylor Swift Taylor Swift Blue 42 Stafford will go the Rams. I'll be for Simon Sheard that Travis Kelsey Jersey sales up 400 percent Swifties buying Travis Kelsey jerseys is their next concert gonna be full of Travis Kelsey jerseys in there. I'm gonna be kind of hilarious Here's an NFL debut CJ Stroud. It's a Paul Krause 34 out of 99 Old-school Viking going to Douglas NFL debut CJ Stroud going to Dan in the Texans got his first win Another Jartavius Martin Corlyn Sutton Moments in time Sorry points that takes the place of an autograph unfortunately We got we'll do left-right randomizers on these Dexter Lawrence orange to 199 It'll be for the Giants that's gonna go to EA We got a Will Levis NFL debut That'll be for Michael and the Titans There's Veejan Robinson NFL debut hopefully can find their these are technically inserts But hopefully we can find their their base and maybe some low numbers too Dalvin cook seven out of 49 That's still a Vikings edition there, but a little color match Going to Minnesota. That's her Douglas. Here's a rookie silver Quentin Johnson This is a little interesting now because Mike Williams is out for the season unfortunately with an injury So their first first run pick Their wide receiver pick and this year's draft Now Mike gets some more snaps so this could be a it could be some value there Matt Johnston With Quentin Johnston, I'm gonna do that randomizer at the end along with that other one Jan saying Taylor Tweet about getting the vote out voter registration about 23% Taylor gets a vote football and voter registration good for her Alright, let's go do the week three recap Dolphins pounding on the Broncos 70 points 70 to 20 is Sean Payton washed Or is that Broncos team just not as good as people thought That's just bad. That's a very bad day at the office and almost like almost like they gave up Herbert Chargers keep Vikings winless by pulling out of 28 to 24 Victory and which was sealed by a late pick in the end zone. That's those are the worst The interception in the end zone Patriots beat the Jets 15 to 10 Wow, that extends the winning streak to 15 straight over the Jets Josh Allen throws for a TD runs for another Bill's route the commander 37 at 3 Sam Howell, maybe not the answer Commander you can get their their points until the fourth quarter But I feel like This is a big season for Eric Biennemy who's the OC in Washington. They got to figure that out All right, we'll go through some more scores later on Has there been an update about Brooks Robbins since passing? No, there's no updates. He has passed away That's that RIP lived a full life the human vacuum cleaner at third base great player one of one of Bossman Nick Jaspie's dad It's one of his his favorite players So Jordan Addison more points winner take all on the points. We're gonna collect all those together traps at TN and That's a men of mastery Jalen Hertz. I almost thought that was like a stained glass or color wheel for a second there But yeah, what's Robinson one of the great ones has to wait today There's Terrell Suggs orange 189 out of 199 and Then a moments in time Antonio Freeman to 99 That's for the Packers Simon Terrell Suggs for Walter in Arizona you know Jan sort of a random thing but I Thought about you the other day because I just picked up the Billy Walters book He spent some of his formative ears growing up in Louisville Good book by the way if anybody wants to Wants a book recommendation We've got an NFL debut Jalen Hyatt 20 out of 25 for the Giants. That's gonna be For EA and we've got a Garrett Williams autograph rookie auto for the Cardinals. That's for Walter Not numbered but in that mosaic parallel there Remember the red parallels not numbered Art Monk red You have a straight fire Joe burrow It was Tony Romo to 99 How do you like the two Monday nights Jay? That's exactly what Teddy and I were saying I didn't like the overlap I don't mind an extra football on a Monday night, but I don't like the overlap I don't like how they switch Yeah, but it's just yeah, I didn't don't I don't want split screens You know just just give me one a little bit earlier and then one a little bit later separate games Yeah, something like that do it like a West Coast game at seven or something I think that's a little bit worse If you're on the East Coast and the game starts at 830, that's super late really something like 730 is perfect for the one Really? Yeah I'm just surprised I did it two weeks in a row. Usually it's only like once Yeah, I think they were experimenting with it, but we'll see y'all Yeah, Adam didn't like that either Only part Adam like on the East Coast. Yeah, it was was that it was a little bit early But I wouldn't mind I I mean I don't think Thursday and football is going away because Amazon paid too much money for it Unless Amazon wants to move that date I'd love to see I mean No, thanks to college football, but I'd love to see no Thursday game, but push the game to Saturday And I keep Phil saying yeah, we get the extra game because of the riders strike My god, they got a right strikes over now. They they can get back to scripting the Yeah, I think so now they just have to figure out the the screen actors Guild is also on so I had to figure out the actors, but yeah if Amazon Moves the game to Saturday. That'd be great. I think the players would like that too No more Thursdays do a Saturday game and do You know your Sunday games and then do maybe a couple Monday night games It's a Monday night Raiders games. It's like it's 5 30 here. Yeah, it's early It's Christian Gonzalez to 49 I'll be for the Patriots I Was hanging hooker silver For the Lions, that's for Detroit The work in progress will be marinating behind golf for a little bit maybe maybe turns into a cubie of the future Give you when that golf contract runs out There's B. John Robinson NFL debut and a redemption any guesses on that redemption for bragging rights He's on Robinson going into the ATL. That's for you Adam There's David Karm There is Roshan Johnson to 199 for the Bears that'll go to Kyle So we're gonna see a Aiden O'Connell this week There's Garoppolo. What's the update on you? But they mean easy ruled out I guess we'll see in tomorrow's Everybody's waiting to be played no column. So that's a big it's like Might as well Right it's not like it's not like the raiders are going anywhere 62 out of 99 B. John Robinson blue nice Don't know Caleb Williams would be nice Well, I'm not too too confident about Coaching staff though He can't be gondo Well, no, but like they're still paying gruden for like another two years They're gonna fire another one and then still pay You know McDaniels is guaranteed money for the next three years And then triple up and pay a third head coach at the same time Yeah, I don't think that's gonna happen and I'm not sure why Hunter Renfrow isn't being used more that's ridiculous Yes, there's Marvin Mims Denver autograph going to Chris who won that team in the filler 37 out of 199 Any relation to Denzel Mims? According to Wikipedia No Here's a CJ Stroud NFL debut for Dan more B. John Robinson rookie cards for For Adam and the Falcons Marvin Mims already looks a lot better than Denzel Mims says Adam Yeah That was very sad Wow harsh that's Mack Jones orange goes to Karen and her Patriots Their center stage Dalvin Cook Yeah, does Tom Cruise have relatives in the little play? I guess it's from that area, right? No comment on the Billy Walters, Jim Guess not didn't care. All right Redemption. Good luck. Everybody is Stetson Bennett the fourth Showtime signatures purple for the Rams whose house and that will be for Simon and the Rams who got the Rams in the in the Phillip All right halfway through this half-case break. Let's go back to the NFL scoreboard update We yeah, we just talked about the the beatdown. Where do we leave off Texans beat the Jaguars? That's a big upset 37 to 17 Huh CJ Straub the guy that's a big win over a division rival on the road I think Texans fans have got to be happy about that and that's good for the hobby too and overtime holds beat the Ravens 22 to 19 without Anthony Richardson So a little stumble there for Baltimore Seahawks took care of the Panthers 37 to 27 Bryce young looking for his first actually a Dalton start of that game So Bryce young looking to get healthy and still looking for his first win of the year Chiefs took care of the Bears 41 to 10 Mahomes with three touchdown passes Taylor Swift at the Chiefs game So chiefs are one and oh when Taylor Swift is is an attendance I saw I saw I saw ESPN post or not post but like one of the sports center guys match up Taylor Swift's tour schedule with the Chiefs schedule To see when Taylor Swift may be at another game next I wonder how many Swifties end up at that game just jacking up ticket prices just to catch a glimpse Plus four hundred percent yes Jersey sales Although some people are speculating that it's just like a little bit of Hollywood PR That's true Yeah, I mean that that's that's fun, it's it's I feel like that's a good story for 2023. You know what I mean? I feel like there's always bad news and Tragedies happening, but it's just like let's let's have something fun It's Jalen Hyatt to 199 There's a Bryce young rookie card for Carolina. That's for Brian Watford Let's see if we can find some parallels of him or Maybe even some some ink There's Jameer Gibbs NFL debut Kind of nice seeing some 2023 product ladies and gentlemen second half is in the store Pick your team for if you want to get into that No filler yet. I'm gonna be working on a filler after this and There is nice Sam LaPorta Rookie autograph for Detroit that's gonna go to Chris got the lion straight up I Feel like this guy could be It's awesome people talking about him being picked up in fantasy teams might stash him on a bench if he needs some tight end help right there Pretty nice We got purple Eddie George 22 out of 49 for the Titans that'll be for Michael And we got a splash insert 47 out of 49. That's Justin Jefferson For Douglas and the Vikings I feel like they haven't seen a lot of these might be a little bit of a shorter printed insert We got Lawrence Taylor red the other stack here We got a Lamar Jackson to 199 National pride See what else we have here Oh Yeah, I try to take it off energy saving mode, but it's wanting to do it We've got another redemption any guesses on their true redemption for bragging rights We've got a blue Quinn and Williams 29 out of 99 that'll be for Adam and his J E TS Jets Jets Jets There's an Anthony Richardson NFL debut That'll be for the Colt. That's gonna go to Douglas. All right. The redemption is gonna be Nobody wants to guess. Well, it's gonna be Michael Mer Rookie autographs mosaic red for my Raiders That's gonna go to It's gonna go to Victor Michael Mayor's been been getting some more looks from game to game so if you're a for fantasy purposes, maybe Stash him away on the bench if you need that tight end help but He might keep continued develop as the season goes on They're expecting him to be the the tight end one of the future He's got to just work on some past protecting and stuff like that. It's just What a lot of rookie tight ends need to figure out earlier in their career Especially more offensive tight ends of coming out of college Where do we leave off Chiefs beat the Bears 41 to 10 the Taylor Swift effect Cardinals That's another big upset Cardinals beat the Cowboy 28 to 16 led by Joshua Dobbs Steelers beat my Raiders 23 to 18 Josh McDonald saying he'd pick that late field goal again Trusted his defense to get the ball back. I don't know if I trusted that I think I would have would have gone for the Touchdown in the two-point conversions. You're at home be aggressive a little too conservative of a play call It was willing to give Josh and Dan's a benefit of the doubt last year That leash to me is a little bit shorter this year. I don't think they could let him go though I think they've got too many coaches that they're still paying last night Eagles took care of the Buccaneers 25 to 11 And then bangles beat the Rams 19 to 16 And then we'll take a look at In the last box, we'll take a look at week four action Good luck everybody Eric. What's going on? Welcome and be on Trevor Lawrence. There's his teammate tank bigsby Rookie order for the Jaguars. That's gonna go to Adam who won the Jaguars in the filler Are there two tanks in the league? There's like a there's a tank on Houston as well And we got a Christian Kirk blue 48 out of 99 another one for Adam in the Jaguars Well, Eric just got done setting up a wrestling ring in your backyard You have do you have wrestling aspirations? Maybe just for funsies Until the tank Dell. That's right for Houston. Maybe for fun until Until Until the first ankle that gets broken That's right. Jan Eric got it first. It is tank Dell Might have some fancy relevance this year There's David Carr to 199 speaking of the Texans. Oh, wow. You wrestle every son. You've done wrestling for two years now wait pro wrestling Where you're flying off the ropes or like proper wrestling like actual wrestling and there is legaret one Remember him buccaneers. It's gonna be for Chris and the Bucks 95 out of 99 on that one. Oh I see Oh, that this is where I'm usually not a grammar Nazi Jan, but That's where the apostrophe would have held It's tank Dell versus it is tank Dell There's Jalen Hyatt one out of 49 moments in time Justin Jefferson to 99 pro wrestling nice bouncing off the ropes and everything huh You wrestle for KWI Keystone wrestling lines. That's pretty cool We had we had someone who worked for us many years ago blanking on his name, but but he was actually Training to be to do some pro wrestling like he was You know, there's like, you know here in the LA area. There's like a number of local like places where they They teach that stuff So he was if he was all in on that time. I thought that was pretty pretty cool like a pro wrestling school Cam Akers to 199 Let's see if a change of scenery does him well And this is still Rams addition going to Simon and the final box coming up. Ooh, good luck with that, Eric Let us know how it goes. All right final box and Week four already upon us in the NFL any any games that jump out at you ladies and gentlemen Thursday night football game Lions at Packers. They're both two and one This could be that could be actually a really fun matchup on Thursday Nice. Yeah, local local wrestling still strong Around the country Falcons at Jaguar. Oh Falcons are in London Falcons and Jaguars are in London. That's our first international game Dolphins at Bills that should be a fun one Bills are the short favorites there. Detroit's actually the short road favorite. They're minus one and a half on the road Bills are in the short favorite minus two and a half Broncos at Bears someone's got a win. What if that ends up in a tie Broncos are a road favorite minus three and a half If you're bold enough you you may go with the Broncos because maybe people see them see people put 70 points on them and then they're like The overreaction That's a bad game though The total is 46 Ravens are at Browns. That's a good divisional matchup. So they'll be an interesting one Bangles are on the road there in Tennessee Rams at Colts Buccaneers are In the big easy and saying in New Orleans Commanders are facing the Eagles in Philadelphia. That's gonna be a tough one for the commanders Vikings at Panthers Steelers at Texans My Raiders are in Los Angeles So they're playing a home game against the Chargers Patriots at Cowboys Cardinals at Niners the upstart Cardinals Can the upset another team again? Chiefs at Jets is the Sunday night football match up. It's gonna be tough for the Jets. It's gonna be in It's gonna be in in New York Chiefs are the road favorites in minus nine and a half and your money at football game. Just one Seahawks at Giants Giants are these short home favorite minus one and a half that doesn't Terribly exciting but hopefully at least on paper, but hopefully that money at football game will be a little more interesting All right final box and break three. Thanks everybody for filling this up Second half of the case break for is in the store right now. Jasper's case breaks calm I'm gonna be putting the rest of those teams into a filler After this break after this video, so if you want to get your team straight up now is the time Jasper's case breaks calm There's a Bryce young and a Luke schoon maker the maker of schoon's Bryce young for Carolina Brian with Bryce NFL debut Not numbered Jay Ward grizzled bees. What's going on? Tyler Scott and we got Josh Allen orange to 199 That will be for Ron and the Buffalo Bills That's right Tuesdays and Wednesdays you have me on YouTube ladies and gentlemen take advantage of it put me to work You know Smith orange to 199 for Seattle Justin Fields Splash It's Justin Fields or is it the coaching or both? I was hoping Justin Fields will take a step forward this year, but so far it doesn't look like it CJ Stroud and Brandon Jacobs for the Giants Autograph for EA and the Giants Not number Got a red Josh Downs also not numbered all-card ship CJ Stroud NFL debut Goes to Dan in the Texans This guy had a big game I wonder how many big games he's gonna have Maybe a fancy football pickup. You need running backs Dalvin Cook Vikings addition to 199 orange That'll go to Douglas We got Kyle Pitts to 49 for the ATL that'll be for Adam Splash Joe Burrow. You got a no-one to hold on James and Williams To 99 and Brian Robinson, Jr. Silver and that my friends is that All right, we got a little bit of housekeeping to do here First of all We're gonna do the left-right randomizer for those carbon copy cards and Then we'll gather everybody's names for the chance at all those points winner take all on the points All right, so let's roll it randomize it two and a three five times each for each list one two three Four five That's right side to all the right side teams We'll get these carbon copy cards and points two and a three five times one two three Four and fifth and final time and that's gonna be Ron You'll get the 250 and the 400 points winner take all on the points. All right. There you go gang second half in the store Some nice stuff here, but I feel like we have not seen any of the big Rookie names like especially the rookie court quarterback autograph names Maybe they're in the second half. So let's check it out. Go for it. Get after it. Jaspy's case breaks calm I'm Joe. I'll see you next time for the next break. Bye. Bye


Today, we're going to be talking about hand washing. Why are we doing that? Well, it turns out these hands are really amazingly efficient and transmitting most of the common infections we see in children and adults. So you do not need antibacterial soap. The temperature of the water doesn't matter. It needs to be 20 seconds. It's a matter of just getting the surfactants, the soap, making sure that you've lifted all the bacteria off the skin. Like when you wash your clothes, you can't wash your clothes for 10 seconds. You'll wash your clothes for a while in the soap. So the soap particles lift the dirt off. In the hospital, we are maniacal about hand washing. You have to wash your hands before entering a room. You must wash your hands after leaving the room. You know, all of the disciplines teach hand washing to be honest with you. So the surgeons and the obstetricians have formal hand washing programs for how you wash your hands before entering the operating room because that's such a high risk situation to go in there with dirty hands. Voila, wonderful hands.


Talking tax with Tom, that's our show today, and it's a given Wednesday already, September 4th. I get that right. Best Tom Yamachika with the Tax Foundation of Hawaii is the president there. Welcome back, Tom. Thank you, Jay, for having me on the show again. Sure. Well, we want to have you all the time. We think you're a very important player in sort of appreciating the community and appreciating our lives together in these islands. And if people aren't interested in tax, they're going to pay a terrible price. So he wrote for Hawaii Free Press recently, which caught my eye, because I do get that on Sunday nights. And he wrote about the changes in the tax law over the past 30 years. And, you know, the think tank is really into that, but what we love to do is connect the dots and see the changes, the seed changes, the trends in our lives. Otherwise, you know, everything is of the moment, and we don't really have an idea of where we come from and where we're going. So when you make an analysis like that, it's really important. So in a general sense, what were you writing about? I was writing about some of the taxes that were fundamentally different between 30 years ago and 1989 versus now, 2019. And there were at least three big tax types that have undergone, you know, tremendous change. One in them wanted to talk about them. One of them is Transient Accommodations Tax. One of them is the Barrel Tax. And the third one is the Convian's Tax. That's kind of my top three for today. Wow, good. I'm interested in all three, and I've seen all three evolve, as you have, and I want to connect the dots for all three. So let's take the first one. What was the first one out of the Transient? Transient Accommodations Tax. Yeah. Okay, it started... That didn't exist a few years ago. It seems like yesterday. It was actually, originally enacted in 1986, it was supposed to be temporary. At that time, it was supposed to be for the purpose of building a convention center, which we didn't have at the time. So... What are those taxes that was identified for a specific purpose or project that got to be in the general funding anyway? Yeah. My friends at the West Maui Taxpayers Association were quick to correct me once the news article broke, and they said there was an agreement that the Transient Accommodations Tax be 2% and temporary to, again, finance the building of the convention center, but instead, what happened? I believe the first version of the tax, as enacted, was 5%, and there were no earmarks for the convention center, although we do know it was being built. That was 5% back in 1986. Today, it's 10 1⁄4, so there are some significant differences between then and now. So what was the juxtaposition between the TAT and the gross excise tax? There wasn't any. So you just added it on top? That's right. It was layered on top of a hotel bill. So the GET was payable anyway, and the Transient Accommodations was on top of that. That's nice for the FISC, I suppose. I suppose. Back in 1990, it wasn't even supposed to be the state's FISC. The idea was for it to be to the counties. So at that time, in 1990, the tax was kind of transformed to say, OK, well, this tax is for the counties, OK, it'll be shared with the counties. The state will retain 5% for general administrative purposes, because they were running and collecting it. That was the idea. Pushback from the hotels? I'm sure there was. I'm sure there was. There apparently was a deal for a hotel room tax of 2%, but that got scuttled quickly. Surprise. Surprise, surprise. No man's life or property is safe while the legislature is in session. That's right. These days, what the counties get from the tax is a fixed number. It's 103 million. Despite the fact that the tax takes in, I think it's, what, half a billion dollars? Really? 500 million? I think 550 million. It's not like a grab for the state general fund. Another grab for the state general fund. Well, it's not only the state general fund. There's lots of stuff that's being fed by the Transient Accommodations tax. There is tourism marketing. There is state land development. There's total being. What does that have to do? These things are not necessarily related to the original purpose or the conceptual purpose of the TAT. But they require money. They require money. That's the bottom line. That's the bottom line. Take it where you find it. That's right. Not a special fund. There were a lot of special funds being fed through earmarks off the tax. A lot of them still exist. Transient Accommodations is one of the more heavily earmarked taxes that we have. I don't want to get in the way of your thought process, but it just strikes me that whenever you do, and we'll talk about the barrel tax in a little while, whenever you do these kind of special, dedicated taxes, you're asking for trouble. You're asking for the legislature to step in and do irrational things. And this is one good example of that. I don't know what you mean by irrational things, but... Well, take it a different path than it was originally intended. And furthermore, a different path from what the public perceives it is now being used for. The public doesn't know where this money's going. Yeah. I mean, that, I think, was the whole idea behind the special funds in the first place. The idea being, if it goes into a special fund that's for a certain purpose that you know about, then at least there's some assurance that those monies will be spent for that purpose and won't be mushed in with the general budgeting process as is everything else. Of course, as a tax foundation, we're not happy with that because we have a process that our constitution has set up. It's called the legislature and budgeting. And they are supposed to be the stewards of our public dollars, set priorities and fund them with the tax money that we give from our hard-earned dollar. We have to give it to them. And it should be totally transparent. Right. And special funds tend to bypass the legislative process all together. How transparent is that, right? Not. Not. And yet they keep happening. So what's the status? I mean, how has it evolved from its origins till now, this VAT? It sounds like that cap or rather that, what is it, the county cap of $106 million is still the case? 103, yeah. 103? Yeah. There have been like big fights between the state and the counties about how much gets shared with them. Counties said, well, let's get a percentage, right? And that's how it was for a period of time. And then one mayor kind of made the mistake of saying, we want predictability and stability. So the legislature said, okay, fine, we'll give you a fixed number. Mistake. Mistake, tactical mistake. And fixed numbers don't change from year to year, although the county's budgets change for the worse. And if you want to go get it changed, you got to go back to the legislature, that's not going to be easy. Yeah, with hat in hand and bigging posture and that kind of thing. And now today, the rate of the TAT is what? 10.25. And that's another negotiated number. What I mean to say is that nobody ever sat down with a sharp pencil and figured either what the hotels could afford, what the industry could afford, or what was necessary to support the projects that were related to the hotel and the hospitality industry. It's just thrown it on the wall number, am I right? Yeah, and over the years, the TAT has been asked to bear more and more costs and for more and more things. Natalie, is this supposed to support sharing of revenue with the counties? It's supposed to support tourism marketing, the convention center authority. It's supposed to support Honolulu Rail, that's part of it now. I don't see the relationship myself. And the Turtle Bay conservation easement purchase. I don't see any connection there either. So what's happening is it's getting drained off into things that the legislature might otherwise pay out of the general fund. That's right. And the average guy in the street, you and me, we could go down on 4th Street and ask them if they know this, but I don't think we really have to do that. They don't know this. Yeah, that would be very surprised if they did. So what's the bottom line here? What do you predict for the TAT? It sounds like it's a great way to raise money, but it's not a great way to fund the right project. Yeah, and it seems like it's not going down any time soon. Well, taxes ever go down? Yeah, sometimes. We'll have to have a show about that. It's going to be a short show. You know, our income tax rate did fluctuate for a while. Yeah, OK. But now it's kind of right back to the highest point. We'll have to pay more because there's more. The government needs more to do the things people expect of government, except in Washington. So OK, so that's number one. Is there any message you want to leave to our listeners exactly about the TAT? I mean, how they should see it, how they should feel about it? My message to them is you have to watch this stuff. If you don't, things tend to explode. And if you don't watch out, you're going to be on the receiving end of the explosion. Yeah, OK, fair enough. That applies to all the things we're going to talk about. Right. So the next thing we're going to talk about is, what, the barrel tax? Barrel tax. My personal favorites, because it has energy written all over it, but maybe not necessarily in how it's spent. That's absolutely right. It was enacted in 1993. So 30 years ago, there was no barrel tax. But around 1989 or such, there was, of course, the Exxon Valdez accident, which kind of left people wondering about something similar happening here. And they wanted to do something about it. So they enacted a tax of 5 cents per barrel of imported petroleum product to establish a revolving fund to finance a response to an environmental disaster. And the act, as it existed back then, it required that tax collections stop once the revolving fund reached 7 million. Like, that's the same thing as what happened with the TAT, isn't it? It was temporary. And it was a limited amount, limited tax. Then what happens? Yeah, whenever you hear the word temporary coming from those guys, you've got to wonder sometimes, you know? And interestingly enough, when the bill to introduce the barrel tax wasn't even a tax bill. It was the Hawaii emergency planning and community right to no act. It wasn't a tax bill at all, as introduced in the House. That is so strange. That is like hiding it. And then when it went over to the Senate, Senate Ways and Means Committee popped the tax in. Boom, surprise. One of those slights of hand that you see in the legislature. Yep, exactly. There's a significant tax that affects everybody in the state. It is ultimately, don't you agree, regressive?  Rich or poor? Oh, it's worse than that. And let me kind of tell you a little bit about what happened to it. You know, like I said, we started off as five cents of barrel with an automatic stop, right? In 2010, the tax was increased from five cents of barrel to $1.05 for barrel. With a stroke of a pen. Yeah, 21X. 21X. 43% of the revenues from the fund were spent to special funds to support energy security, energy systems development, agricultural development, and food security. Not all at the same time, but that's what happened over the years. So all of these things weighed on the barrel tax. And of course, the remaining 57% went to the general fund. It's like a whipping boy. Yeah. It's like a whip, it's like a pinata. And then, of course, the provisions turning off the tax when it hit the $7 million, those just went, well, it disappeared. Repealed. Yeah, disappeared. So now, you know, there's just a word on that, though, is that the Energy Policy Forum, which is just a forum kind of organization, it doesn't take primitive advocacy-type positions on things. And only then, when it makes a statement, it usually gets either a consensus or a very high vote of confidence within its members on a given thing. That was a favorite thing in those years, the Energy Policy Forum, because it was supposed to encourage energy. It was an incentive to clean energy, which was all the rage. Well, little by little, as you have described, it went somewhere else, the things that really didn't have any connection with energy. And it went much higher without any particular benefit to energy, per se. And I think there have been changes since that time. Oh, yeah. Since it was increased. There was a big change in 2015. What was that? And that was when the tax was made applicable to things other than fossil.  Yeah. OK. It was made applicable to all fossil fuels. Yeah. And also, at some point, it became, maybe this was a bill that didn't pass, but I recall that there was a big attempt to take a part of it, a substantial part of it, and apply it to the Department of Transportation for the highways. Well, that's the fuel tax, generally. I'm talking about the barrel tax. Yeah, the barrel tax is a little bit different. I mean, it's in the same chapter, but it goes to a different plane. Yeah, OK. But you're correct in that there were several attempts by the Department of Transportation to raise the fuel tax, among other things. So they were looking at the. They had the fuel tax. They wanted to raise the fuel tax. And they wanted to apply part of the barrel tax on top of all of that. I don't know whether it passed or not. I don't think it did. It was a raid on the barrel tax. The barrel tax is a pinata. I mean, everybody wants part of it. And they have the weirdest arguments to claim that they get part of it. Yeah, but just to kind of give you an idea of how fast it's ballooned, in fiscal 1995, the tax brought in $2 million. And in fiscal 2018, have any guesses as to how much it brought in? 50 million. Oh, and not quite. 27 million. 27 million. 27 million. That's a lot of bread. That's a lot of coal. It's a lot of oil. And it's regressive. Yeah. Oh, yeah. It's regressive so that everybody, rich or poor, they pay on the barrel tax.  He's paying more to the barrel tax. And you have somebody who is wealthy, who pays the same for a barrel, for a gallon, all that.  I mean, that's kind of what it is. There's no good rationale for that. I'm not sure why we have these strange taxes. Was it pushed back against the barrel tax? I'm not sure. I'm sure there was. But that was kind of like before my time, really. If you could look back now to the original purpose of the barrel tax, that is to encourage the development of clean energy, because we were all going to sweat about clean energy at the time. No, he wasn't even to do that. It was to create the environmental spill fund. OK, environmental issues. Yeah, I mean, it was supposed to be temporary. It was supposed to take, create the cleanup fund, and it was supposed to stop. Why don't we just take this out of the general fund? If we need a tax increase, why don't we just increase the tax, the income tax? And notice how I excluded the gross excise tax, because I don't think the gross excise tax should ever increase to get, or possibly the property tax. But why do we have to create these little pockets of tax and get away with saying, well, we're not really increasing the other taxes? It's a special tax for a special purpose. And I think you hit it on the head. If you try to increase the GT, try to increase the income tax, people are going to understand what that means. People will understand what that means, and they will push back. I mean, the last time, I think it was in the 1990s that they tried to raise the GT, there was just an incredible amount of pushback from all corners of the public. This was, I think, during Ben Kaitano's time. Well, because they know it affects them in their pocket book every day. Yeah, they know about it. They know about it, right? Yeah, they don't know about the barrel tax. They don't know about the T-18. They went out on the same visit at the street, and on Fort Street Mall, you and me, and we tried to find out from people where the barrel tax goes, or even exactly how much is being charged. They wouldn't know. Nobody would know. Wonder if they know what it is. Right, thank you, right. Even what the process is, it's just one of those grabs. And it's unlikely to go away, just as you said about the GT. It's not going to go away. Yeah, I mean, once you kind of start down that path, it's hard to go back. Yeah. OK, we've got one more to cover now. This may be controversial. Hold on to your seats. This may be controversial. What's the third one? The third one is the conveyance tax. No, it's not going to be controversial. Nobody knows about that either. But it had a dramatic increase, didn't it? It did. What was it at first, I mean, historically? As enacted, it was $0.05 per $100 of consideration. So if I, in those days, if I bought a house for $100,000, what would I pay? I think $50. It's almost like a closing cost. Nothing much, like a notary fee. Yeah, nothing. I mean, at that time, it wasn't really supposed to be a tax. It was supposed to be a method whereby the state, which was then administering the real property tax, could get information on how much houses were being bought and sold for, because they had to update the appraisals. They needed the market data. And they couldn't just look at the conveyance documents, because they were all $1 in good and valuable consideration. They didn't say anything. Easy, just factor it in. It's like the notary fee. Yeah. I can see somebody, somebody with a green eye shade, and they taxed off it. We have to find another tax. We're going to look around for a tax that can be exploited, that can be expanded, a tax that we can grab onto, because it exists, and then we'll load up that big. That's what happened. I'm sure it did. I mean, a couple of tax review commissions ago, we have a tax review commission that is supposed to examine the tax structure that we have and report on it every five years or so. Well, about five, six years ago, the commission that then existed was pretty much given the mandate to, hey, you guys, you've got to raise money. Go find it. Figure out how we're going to do this. This was a kind of sleeper. It was small, but it was a tax. It said, conveyance tax. They said, hm, tax. Yeah, well, like I said, that was 30 years ago. Over the years, the tax rate was hiked again and again. Now what it is. Somewhere along the line, people stopped thinking that it was merely an administrative charge. It became a real tax. It became a real tax that had real fiscal implications because whereas it started off as $0.05 on $100, now it goes up to $1.25. Let me do the math on that. That's 23 times? 25x. 25 times. 25x. More of an increase than the barrel tax. Yes, right. That's a dramatic increase. It's like, well, we weren't watching. That's very dramatic. So the primary earmarks in that tax are the Land Conservation Fund and the Rental Housing Revolving Fund. I mean, I'm not. What has that got to do with the transfer of properties in general? Very little. It just has to do with property. That's the connection. It's not anybody. Nobody would expect that. Nobody would guess it. And maybe my word irrational is too strong, but it doesn't have a connection, a rational connection, if you will. Well, let me ask you this. This tax, the conveyance tax, 30 years ago brought in about $3.5 million. What do you think it brings in now? Well, you've got two factors working. One is you've got that 25 times factor. And then you get the fact that real estate and the state of Hawaii value, the value that is used in the formula to determine the tax, has gone up by more than 25 times, I think. Anyway, so OK, you say $2.5 million to start with. $3.5, yeah. $3.5. Well, it's got to be more than $50 million now. In fiscal 2018, $100.6 million. Oh, my god. OK, I can't do these calculations for you, Tom. But that is stunning, stunning. That's a lot of bread. That's a lot of bread. Think what you could do with $100 million every year. That's a lot of bread. That's a lot of money. So these recipient organizations really need that? Is this gravy for them? Well, there's always people who say they need housing assistance. And the rental housing trust fund is supposed to help with that. And then, oh, there's, of course, land conservation, which requires a lot of money. We need that. We need that. But there's no way that this fund is going to be the sole source of funds for land conservation. I mean, we need much more than that to conserve the environmental land. So something must be coming out of the general fund. I'm sure there is. So you've picked only three here. Oh, what messages do you want to leave before we go? On the barrel tax, how should people see that? And on the conveyance tax, as it exists today. Well, again, my message is, be aware. This is happening. This is happening to you. Don't think it doesn't affect you because it does. All of these tax increases and explosive growth in governmental exactions, they drive up the prices of everything. And if you don't think so, take a look at what you pay for a glass of milk, or what does it take to buy a house here in Hawaii? It's sort of a creeping thing. Joe Schmoe does not go down to legislature because he's offended by these taxes. He may not even know that he's offended by these taxes. He's not going to go and visit his representative or his senator and say, you've got to do something about this. So it's a tax foundation. Goes down there and says something about it. Who else? Well, that's not our purpose. Our purpose is to tell people that this is what's been happening.  We're not a partisan political organization, so we can't go down there and say, this is bad. This is horrible.  Yeah, we just provide the information so that people like yourself and John Q. Public, even lawmakers, we provide information to lawmakers so they understand what it is they're voting for. Well, one thing is clear, Tom Yamachika. We've got to keep on having these discussions so that people at least they know what's going on and they can make judgments about it. Thank you, Tom. Thank you so much. Thanks for coming down again. We'll do this again soon. Thank you so much.