FEDERAL REGULATIONS AMOUNT TO A $15,000 ‘HIDDEN TAX’ ON FAMILIES, REPORT FINDS
The federal regulatory apparatus imposed a roughly $14,600 “hidden tax” on American households in 2018, according to a report by the Competitive Enterprise Institute (CEI). “That amounts to 20 percent of the average pretax income of $73,573, and 24 percent of the average expenditure budget of $60,060,” CEI’s Wayne Crews wrote in his annual Ten … Read more