Opponents of environmental regulations love to call them hidden taxes. But constant repetition doesn’t make this idea true.
If you’ve seen a statement that regulations are hidden taxes, that’s not too surprising. Googling “regulation hidden taxes” produces over three million hits. But in fact, pollution regulations and taxes are completely different. The reason is simple. A tax removes value from the private sector. Environmental regulations simultaneously remove value from one part of …CONTINUE READING
There has been a lot of chatter about the burden of regulations on small businesses. It turns out that small business owners do worry about regulations a lot — but not so much environmental regulations. According to a new survey, what they really care about are licensing and tax regulations. Environmental regulations just don’t matter much.CONTINUE READING