Professional Soldiers ® - View Single Post - The Ten Thousand Commandments: The Hidden Costs of the Regulatory State

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/04...#disqus_thread
Full report including graphs here: http://cei.org/sites/default/files/W...nts%202014.pdf

04-30-2014, 08:37	#1
caretaker Asset Join Date: Mar 2014 Location: S.E. Michigan Posts: 35	The Ten Thousand Commandments: The Hidden Costs of the Regulatory State 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/04...#disqus_thread Full report including graphs here: http://cei.org/sites/default/files/W...nts%202014.pdf
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