Tax-Spend-Regulate…those seem to be the modern functions of government.
Right now the GOP leadership and the president are in negotiations over two of the three heads of this evil hydra-headed government monster (funny. i accidentally typed mobster; hmmmm….maybe mobster is a better analogy)
Regardless of mobster or monster, the cost to the economy is exactly the same, regulations ARE taxation when we get down to the bottom line. If fedgov says you have to do X, then you have to pay to do X. For Example, that environmental remediation company has to come in and make your factory compliant to regulations. In effect, the fedgov just took money out of your pocket and gave it to another company…a tax, no matter how you slice it.
All of those regulations force many companies to hire lawyers just to prevent the company from accidentally running afoul of one of the ten thousand plus regulations int the Federal Register. Hiring all of these lawyers is also a tax. It takes money from companies and subsidizes the legal industry. (I am not beating on lawyers here, just an example).
Right now. In DC, the powers that be are deciding the tax and spend part of the above equation. Why not bring regulations into the negotiation mix as well, Speaker Boehner. After all, regulations cost money out here in job creation land. Why not cut taxes, spending, and regulating?
(Ironically, i thought of this topic last night and started writing it this morning, then I read this: http://www.nationalreview.com/articles/271503/put-ceiling-overregulation-john-berlau?page=2
Looks like they beat me to the presses!) so, at that point i quit writing and decided to work on the Honey-Do list.
Do check out the above article at NRO.
Tags: government, President Obama, Regulations, Speaker John Boehner, taxes
