by Jack Hellner
A new study by “progressive” think tank Groundwork Collaborative shows that junk fees and annoyance costs add up to $166 billion per year; here’s a rough breakdown, from USA Today:
Here’s how much the ‘annoyance economy’ costs consumers
Junk fees: $90 billion a year
Phone scams: $25.4 billion
Calls with health insurance administrators: $21.6 billion
Waiting for medical services: $19.4 billion
Robocalls: $8 billion
Waiting for government services: $1.6 billion
I get ticked off at this stuff too, but this is a junk report.
Some of these things are just made up numbers, such as calls with health insurance administrators, waiting for medical services, robocalls, and waiting for government services. How the heck would you quantify that cost?
You will never see a leftist think tank calculate the full cost of government, and how it affects consumers, because these people love big government.
Where is the study showing how much government regulations, taxes, and fees cost consumers each year?
The best estimate of federal regulations shows 185,000 to 190,000 pages.
Obamacare has between 10,000 and 20,000 pages of regulations. What is the cost of compliance and administration for it?
The federal tax code has between 2,500 and 4,000 pages, with over 70,000 pages of legal interpretation. How much does that compliance cost? How much do individuals and companies have to pay to file their returns?
According to this article, there are 97 federal taxes. Here are just twenty of them:
Air Transportation Taxes
Biodiesel Fuel Taxes
Building Permit Taxes
Business Registration Fees
Capital Gains Taxes
Cigarette Taxes
Court Fines
Disposal Fees
Dog License Taxes
Drivers License Fees
Employer Health Insurance Mandate Tax
Employer Medicare Taxes
Employer Social Security Taxes
Environmental Fees
Estate Taxes
Excise Taxes On Comprehensive Health Insurance Plans
Federal Corporate Taxes
Federal Income Taxes
Federal Unemployment Taxes
Fishing License Taxes
None of the above addresses state or city regulations, taxes and fees.
Illinois has raised 70 taxes and fees since 2011, a move which has cost over $100 billion.
It is pathetic and absolutely dishonest for the media to repeat the Democrat talking points that Democrats are the party to address affordability. They did not use the word when they were campaigning for Biden and then Harris in 2024. They pretended that the high inflation during the Biden years was not the fault of their policies. They falsely claim that the high prices today are Trump’s fault instead of acknowledging it’s residual from the Biden years.
Trump works constantly to reduce taxes and regulations, which does increase affordability and productivity. Inflation stayed low throughout his first term which increased real wages, especially for those in lower and middle income categories as the media and other Democrats opposed him every day. Inflation and energy prices also stayed low during 2020 despite COVID. Trump handed Biden a rapidly growing economy and inflation below 2%, despite what the public has been told.
I wish people would stop using the term progressive to describe radical Democrat policies. They would move the country backwards towards socialism or worse.
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