Saturday, October 06, 2012

If Only It Were Just "Taxes"

RenMan cites the really scary part (speaking of Leviathan)....

A Competitive Enterprise Institute working paper, “Tip of the Costberg: On the Invalidity of All Cost of Regulation Estimates and the Need to Compile Them Anyway,” assembles total federal regulatory costs of $1.8 trillion — equivalent to half the federal budget ( Guarding against overregulation without representation could help bring that figure down. It is long past time we did so.  --quoting WaTimes

That's just Federal costs.  It's likely that State and Muni reg-costs are at least as much. Taxes are a mere pittance in comparison.

1 comment:

Anonymous said...

Where's that idiot Strupp to tell us that regulations cost nothing because they're free?