Regulation Takes From Poor, Gives to RichSubmitted by DeadGeorge on Sat, 08/09/2014 - 20:15
Rep. Paul D. Ryan of Wisconsin recently unveiled a plan to address poverty and increase opportunity and upward mobility for low-income Americans. While many commentators may focus on the congressman’s proposals to reform education and the social safety net, Ryan’s plan also suggests important reforms in another area that significantly affects low-income households: regulation.
According to Rep. Ryan’s anti-poverty plan, federal regulations impose a heavy burden on low-income American households. Our research at the George Washington University Regulatory Studies Center shows just that: regulations often leave low-income Americans paying a heavier price than their neighbors.