Regulations – Reform and Removal
Industrial Heating cites CEI’s 10kc report.
A Competitive Enterprise Institute survey found that the U.S. has $1.9 trillion in hidden taxes via federal regulations, greater than corporate and personal income taxes combined. This is equivalent to 40% of federal spending in 2019. Do not be fooled by hype and political talk – Congress passed just 214 laws in 2016, but federal agencies issued 3,853 regulations. These regulatory rules have force of law, but accountability of issuing agencies is difficult, complicated and expensive to challenge, requiring efforts that ordinary citizens cannot perform.