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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