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The Nanny State & Taxes


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"In fiscal year 2010, according to a recent report from  The Heritage Foundation, the Obama administration adopted regulations  that will cost more than $26.5 billion a year. The nanny state isn't  just a nagging do-gooder -- it's a costly scold. ... In a free market,  insurers compete for your business. ... But with the array of new  rules we now have, courtesy of President Obama's signature health bill,  Washington isn't making it easy for you. A laundry list of new  regulations are decreeing what insurance companies can offer, including  coverage for dependent children up to age 26, no coverage exclusions for  pre-existing conditions, and no co-pays or deductibles for preventative  services. ... Fuel economy standards are no better. By increasing the  cost of new cars, they cause more drivers to stick with older, less  fuel-efficient vehicles. And research shows that by lowering the  per-mile cost of driving, fuel standards actually induce people to drive  more -- defeating the purpose of having the standards in the first  place. Tax bills are just part of what you pay for government. Federal  regulations cost the average American household some $17,500 per year.  It's time Congress put a stop to this expensive meddling. Rolling back  the $26.5 billion in rules added just last year would be a good start."  --Heritage Foundation president Ed Feulner

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