caretaker
04-30-2014, 08:37
Fiscally the Federal Government has two venues to further its agenda. Through:
Taxes or borrowing
Regulatory compliance
At best, average Americans focus on taxes, spending and debt but we are missing one third of the picture. A report released today estimates that federal regulatory compliance took $1.863 trillion out of the economy in 2013. That’s an average $14,974 per household "hidden tax".
Highlights here: http://news.investors.com/economy/042914-698787-regulatory-economy-booms-under-president-obama.htm#disqus_thread
Full report including graphs here: http://cei.org/sites/default/files/Wayne%20Crews%20-%20Ten%20Thousand%20Commandments%202014.pdf
Taxes or borrowing
Regulatory compliance
At best, average Americans focus on taxes, spending and debt but we are missing one third of the picture. A report released today estimates that federal regulatory compliance took $1.863 trillion out of the economy in 2013. That’s an average $14,974 per household "hidden tax".
Highlights here: http://news.investors.com/economy/042914-698787-regulatory-economy-booms-under-president-obama.htm#disqus_thread
Full report including graphs here: http://cei.org/sites/default/files/Wayne%20Crews%20-%20Ten%20Thousand%20Commandments%202014.pdf