Hidden Tax?
Posted by Anthony Demangone
Here's an interesting article that looks at the "hidden tax" of regulations on business. I know I'm preaching to the choir on this, but I still think you'll find this to be a good, yet distressing read. Here's a snippet:
Federal regulations impose a whopping $1.17 trillion last year in compliance burdens on Americans, finds a new report from the Competitive Enterprise Institute. That amounts to $3,849 for each man, woman, and child in America. The Federal Register, the depository of all rules, stands at a record-high 79,435 pages.
Access the article here.
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Have a great weekend, everyone.Â