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Old October 23rd 03, 04:58 PM
Tom S.
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"Mike Rapoport" wrote in message
nk.net...

"Tom S." wrote in message
...
I also think that we have to question your numbers particulaly
the $800B one. There are less than 100MM tax returns representing

~$4.5T
in
taxable income filed in the US each year. I find it hard to believe

that
$8,000 per family or over 15%$ of personal income is spent complying

with
various regulations.


Believe it. (Why does it require two incomes to live as well as it did

just
a couple generations ago...and don't confuse toys with REAL COSTS of
living).

$800B spread over 280M people is about $2400 per person, but it hits

higher
if what you buy comes out of manufacturing (more so than services). The

cost
of regulation adds 50 cents to a gallon of gas, for instance, about

$25-50K
to the price of a house, about 25% to a grocery bill...

Please cite a credible source. Thanks.

Mike
MU-2

Here's a couple in just one issue (though others are spread around in other
issues).

http://www.cato.org/pubs/regulation/...4/reg14n4.html