Related to this topic is the $1.7 trillion ball-and-chain that government regulation places on the economy. From the Competitive Enterprise Institute:
On Tax Day, CEI released this year's edition of Ten Thousand Commandments, an annual report by CEI Vice President Wayne Crews. Every year, Crews tallies up the compliance costs of federal regulations and explains how these costs constitute a huge hidden tax imposed on American consumers. In 2011, according to Crews, regulations costs American taxpayers $1.75 trillion. Read the full report here.
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3 comments:
Congratulations of CEI using your post. Keep up the great work.
My remark about CA-AFP using my post was tongue-in-cheek. We just happen to see the absurdity in the same phenomenon.
OOops! Sorry bout that. But keep up the great work anyway. I just put a link to your post on FB.
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