Harms small business
Commentary
The Great Regulation Charade
Cry Wolf Quotes
I’m scared that this provision will add a pretty significant cost. You’re going to see a lot of small guys just close up shop.
This bill will make it difficult for the poor baker to continue to exist, thereby making it easier for the large baker to combine with his larger brother and increase the price of bread or lower the size of the loaf, why, that is a very strong point in opposition to this bill, because the very people you are going to aid—the poor have got to be taken into consideration.
We oppose the Patient Protection and Affordable Care Act due to the amount of new taxes, the creation of new mandates, and the establishment of new entitlement programs. There is no doubt all these burdens will be paid for on the backs of small business. It’s clear to us that, at the end of the day, the costs to small business more than outweigh the benefits they may have realized.
Main Street non-financial businesses would be hit with taxation, regulation, and possible nationalization by the Federal Reserve.
