If Only It Were Just "Taxes"

Discussion in 'Economy' started by longknife, Oct 7, 2012.

  1. longknife
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    longknife Platinum Member

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    by Dad29 @ Dad29: 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 (tenthousandcommandments.com). 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.

    :mad:
     
  2. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    If you allow the Bush tax cuts to expire, you get approx 80 billion in more revenue a year. But we're running deficits at over a trillion dollars, so we talking about 8% of the problem and totally ignoring the other 92%!!! Drives me nuts.
     

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