Government Regulation: Another Hidden Tax

Posted by Kittyhawk 4 years, 1 month ago to Government
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"This amounts to US households paying $14,974 annually in regulatory hidden taxes, with households thereby spending more on embedded regulation than on health care, food, transportation, entertainment, apparel and services, and savings."

"[S]pecial interests are disinclined to seek direct wealth transfers because their machinations would be too obvious. Instead, regulatory approaches that purport to provide public benefits confuse the public and reduce voter opposition to transfers of wealth to special interests."
SOURCE URL: http://mises.org/library/government-regulation-another-hidden-tax


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