Bad for business
Commentary
The Great Regulation Charade
Cry Wolf Quotes
Why, then, would [the Boston City Council] threaten to drive away businesses by signing on to a murky, unpredictable, and divisive ordinance that requires employers and their subcontractors to open their books, including wages, deductions, and fringe benefits, to all "applicable" city departments? The Internal Revenue Service and the state Department of Revenue are required to keep such information confidential. The city ordinance requires it to be made public, placing businesses at a competitive disadvantage.
The technology to meet these standards simply does not exist today…[and we predict] major supply disruptions.
We are about to place a mandate on our struggling employers that does not exist in 48 other states. This is not a welcoming message to companies looking to expand here or explore New Jersey as a place of investment.
[Estates] are valuable only for what they can produce. If seized by the government they can produce nothing, and if such seizures increase in amount beyond a reasonable limit they must prove not only valueless in themselves but must destroy the sources of production which otherwise would continue to finance the government and provide for the people.
