Wednesday, May 13, 2009

FederalRegisterOfRegulations74,937pages

"The official publication of rules issued by the federal government, the Federal Register, contained 74,937 pages of regulations in 2006...The estimated cost of simply complying with these regulations was $1.14 trillion{Clyde Wayne Crews, Jr., "Ten Thousand Commandments 2007: An Annual Snapshot of the Federal Regulatory State," Competitive Enterprise Institute, 2000, 2} The National Taxpayers Union estimated that in 2006, U.S. businesses and individuals spent 6.65 billion hours struggling to comply with the complexities of the tax code, at a cost of $l56.5 billion in lost productivity for businesses alone.{David Keating, "A Taxing Trend: The Rise in Complexity, Forms and Paperwork Burdens," NTU Policy Paper 124, National Taxpayers Union, April 16, 2007,3.} {{Mark R. Levin, Liberty and Tyranny}}

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