Obama's Hidden $236 Billion Tax Hike

Reblogged from International Liberty:

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Obama imposed a big tax hike last year.

But I'm not talking about the fiscal cliff and the President's class-warfare trophy of higher tax rates on those evil rich people. That happened this year.

Instead, I'm referring to the increase in the regulatory burden.

Here are some excerpts from a report in The Hill.

The Obama administration issued $236 billion worth of new regulations last year...

Read more… 1,001 more words

If we're ever to get the regulatory state under control, we have to start thinking about regulations as a form of tax or imposed cost and, as Mitchell argues, subjecting them to a cost-benefit analysis.

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