Actually, the number is probably much higher than $ 2 Trillion Dollars.

Every year, American families pay more than $2 Trillion Dollars in HIDDEN TAXES.

Where are these hidden taxes?  They are found in the consumer cost of government-imposed regulations.  Last year alone, the Obama administration imposed an additional $22 BILLION Dollars in these hidden taxes with 43 new major “rules”.  144 additional “rules” are in process for this current year.  That will mean BILLIONS more in hidden taxes by the end of Obama’s last year in office.

The total cost to consumers even exceeds the amount collected in income tax by the IRS.

In an article prepared for the Heritage Foundation, James L. Gattuso and Diane Katz wrote,

“The effects of this rampant rulemaking are widespread. Among them: higher energy rates from the Environmental Protection Agency’s “Clean Power Plan”; increased food prices for both people and pets as a result of excessively prescriptive food production standards; restricted access to credit for consumers and small businesses under Dodd–Frank financial regulations; fewer health care choices and higher medical costs because of the Affordable Care Act; and reduced Internet investment and innovation under the network neutrality rules dictated by the Federal Communications Commission (FCC).”

Their article on these hidden taxes is worth a read, if you are interested in learning more about how much these government-imposed “rules” cost you every year.

Something has to change… soon!

 

***Gordon Howie is an author and CEO of Life and Liberty Media***

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