Tag: Maryland regulations
Maryland needs to improve its regulatory climate
by Maryland Reporter | August 25, 2015 | Commentary | 1 |
Not all regulations are bad, of course. Many serve important purposes, most especially those directly related to protecting public health and safety in carefully targeted ways. But all regulations impose costs upon those they affect, be they ordinary citizens or business. And, this is the important point: these regulatory costs — although ‘off-budget’ — have the same economic effect as taxes.”
So, just as reducing unnecessary spending is important to improving Maryland’s fiscal health, so too is eliminating unnecessary or unduly burdensome regulations.
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