I wish they'd reject that bill forever, and never speak of another tax! People are over taxed enough.
HA! Dream on!
A lowly serf in the Dark Ages owed a tithe to the Church and a tithe to his Lord. The Church was responsible for relieving the poor. The Lord was responsible for roads, dykes, and defense, and he funded holiday festivals.
Two tithes = 20%. Who among us pays as little as a downtrodden serf did in the Dark Ages?
Government spends 40% of GDP. The CBO calculates that complying with federal regulations costs another 20%. That's 60% right off the bat. Triple the hapless serf's burden. No one has tallied the cost of complying with state, county, and municipal regulation. Cost of Obamacare has not yet kicked in, so is not included.
The cost to comply with federal regulation alone exceeds the entire GDP of all but eight nations on Earth.
Reduced to round numbers, our sorry situation is absolutely jaw dropping.