Regulatory Compliance Costs Quotes

When businesses affirmatively like regulations, that's when to reach for your wallet.

Regulation is strangling businesses of all sizes in California, and we've got to streamline regulation so it's easy, not hard, to do business.

Government barriers on Business For example, the Endangered Species Act prevents 'disturbing the habitat' of the spotted owl. That has restricted 4.2 million acres of forest from development, leading to the loss of 30,000 lumber-related jobs and the annual loss of 1.1 billion board feet of lumber. This has driven up the cost of houses by at least $4,000 each. In addition, regulators ordered a Kansas City bank to install a Braille keypad on its drive-through automatic teller machine, presumably to aid any blind drivers. The list goes on and on.

We're one of the most highly regulated industries, and we have to pay attention to what government is doing.

The RFA requires federal agencies to assess the economic impact of their regulations on small firms, and if significant, consider less burdensome alternatives. Federal agencies sometimes fail to comply at all, or simply 'check the box,' fulfilling the letter of the law, while missing the purpose of the law entirely.

Heavy-handed regulations hurt the very consumers they're supposed to help.

The federal government has gone too far on many nonessential regulations that are harming small businesses. Employers are rightly concerned about the costs of these regulations - so they stop hiring, stop spending, and start saving for a bill from the federal government.

For small businesses, regulatory burdens can be overwhelming.

Small lending institutions lack the capability of their larger counterparts to hire the additional manpower necessary to deal with the hundreds of additional regulations created by Dodd-Frank.

Overregulation corrupts citizens and weakens the rule of law.

Road testing the effects of regulation on European business must become second nature to the European Union.

Many businesses oppose any government mandates, even if they are already following them.