You and your family are making less money…and some readers are unemployed or underemployed because of regulations.
It’s a hidden tax you don’t see… but you do pay – big!
Unnecessary regulations plague every business owner – and impact you.
Some 2,400 regulations are estimated to cost more than $790 billion.
It’s estimated 512 million hours are filling out mandatory forms and records…not to mention hiring specialists.
As a business owner I can tell you regulations cost my company over $200,000 a year, resulting in fewer employees and less salaries for my employers.
Sixty federal agencies, departments and commissions passed 3.415 new regulations last year.
In 2013, The Journal of Economic Growth published a study by two university professors showing “the average American household receives about $277,000 less annually than it would have gotten in the absence of six decades of accumulated regulations—a median household income of $330,000 instead of the $53,000 we get now.”
The regulations are killing job growth, economic expansion and salary increase. It’s time to do away with the job killing regulations.