Obama’s Goodbye Gift to Americans, a $3,080 Tax Bill

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file photo of Barack Obama

American Action Forum reported that the United States reached a new milestone. Our regulatory burden has passed $1 trillion.  Truck regulations in the last days put us over the top.

That means every American will have a one-time tax burden of $3,080 over ten years.

The estimated number of hours for all the paperwork is 754,208,700 hours, according to the report.

There are 8,760 hours in a year, so the paperwork for these regulations would only take roughly 86,097 years for one person to complete — or, more realistically, the paperwork would require over 377,000 people working full-time at 2,000 hours per week to process. None of their work will add any value to the U.S. economy.

A complete waste of money thanks to the big government president for less than 24 hours!!!

Unelected, unaccountable bureaucrats are ruling our lives but that’s about to get downsized.

Regulations will be addressed by the new president in the first days of his presidency.

Washington Examiner report


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