Regulatory Costs Hit Home

Over at RealClearPolicy, Wayne Crews and I have a short piece on regulatory costs, which are now just under $15,000 per family per year.

If it were its own country, the federal regulatory state would be the world’s tenth-largest economy — larger than that of Canada, Italy, or India. Federal regulations amount to a hidden tax of almost $15,000 per household. That’s more than families spend on food, clothing, health care, education, and other necessities. Only housing costs more. Factor in regulation, and the federal government is half again as large as most people think it is.

Read the whole thing here. Data are from Wayne’s new Ten Thousand Commandments report.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s