While we don’t usually complain about taxes we don’t see at the end of a food or clothes receipt, the hidden cost of government red tape makes everything more expensive. And the bureaucracy that exponentially grows red tape threatens democracy because in many case it’s created by government workers who aren’t elected by the people. That’s how bubbles get created like the one that Donald Trump popped last year.
Each year, the Competitive Enterprise Institute (CEI), where I served as the 2015 Warren Brookes Journalism Fellow, releases its annual Ten Thousand Commandments report that spotlights this hidden tax on everything.
From CEI’s Wayne Crews in the Ten Thousand Commandments 2017 report:
While it’s definitely important to protect consumers, we consumers and taxpayers also have the right to protect ourselves from the unintended consequences of red tape. This red tape hurts middle class and poor families the most–they’re greater consumers (rather than investors) as a share of their household income. Cheers to CEI for standing up for the little guy, yet again.
Photo by Department for Communities and Local Government
Carrie Sheffield is the founder of Bold. She is passionate about storytelling to empower and connect others.
Please answer this one question. Why do you think we have a democracy? We are not ancient Greece – and there is a reason for it.
I will take a quote and the name of one founding representative as a answer. Otherwise I will take a very persuasive argument.