The Cost Of Regulation To Small Business

This is a print on demand edition of a hard to find publication. The annual cost of federal regulations in the U.S. increased to more than $1.75 trillion in 2008. Had every U.S. household paid an equal share of the federal regulatory burden, each would have owed $15,586 in 2008. While all citizens and businesses pay some portion of these costs, the distribution of the burden of regulations is quite uneven. The portion of regulatory costs that falls initially on businesses was $8,086 per employee in 2008. Small businesses, defined as firms employing fewer than 20 employees, bear the largest burden of federal regulations. This report shows that as of 2008, small businesses face an annual regulatory cost of $10,585 per employee, which is 36% higher than the regulatory cost facing large firms (500+ employees). Ill.

How the hidden costs of federal regulations impact small businesses and economic growth : field hearing before the Committee on Small Business and Entrepreneurship, United States Senate, One Hundred Fourteenth Congress, first session, March 30, 2015.

The cost of regulation to small business : hearing before the Subcommittee on Workforce, Empowerment, and Government Programs of the Committee on Small Business, House of Representatives, One Hundred Seventh Congress, second session, Washington, DC, June 6, 2002.

... contributing scholars consider the impact that government regulations, policies and other forces--including innovation, tax reform, employee disincentives, academic partnerships, the costs of complying with government stipulations--have actually had on small business growth. Based on an examination of policy efforts in the late 1980s, the book attempts to reveal the changing emphasis in the nature of the debate regarding small business in today's economy. Entrepreneurial Economy Review Small Business in a Regulated Economy is the first comprehensive exploration of the impact that government regulations, policies, and other forces have on the formation and growth of small business in the United States. A collection of original essays by distinguished scholars, the book makes an important contribution to business literature by raising fundamental issues related to small business operating in a regulatory economy, identifying the implications of public policies which inhibit or encourage small business growth and development, and defining the nature and character of the policy area. In addition to thoroughly examining the role that government has played in small business regulation, the contributors also make suggestions and recommendations concerning the role government should play in the future to spur small business growth and success.