Costs will rise
Cry Wolf Quotes
Elimination of sections 327 and 328 [of the Safe Water Drinking Act] would not make production of oil and natural gas in the United States any safer, but could substantially increase domestic oil and natural gas production costs, thereby decreasing domestic supply.
How can we afford this? You can only charge so much for a hamburger, and then people will stop coming. I'm 52 and was hoping to do this until I retire, but the city is going to force me out of business.
[The bill], while well-intentioned, will increase the cost of credit for consumers and small businesses across the country, result in less access to credit for consumers and businesses alike, and may further roil the securities markets -- all at a time when our economy can least afford it.
The actual fact will be, in almost every case, that the whole tax will be borne either by the employe [sic] or by the consumer through higher prices. That is the history of all such taxes. This is because the tax is imposed in such a way that, if the employer is to stay in business, he must shift the tax to some one else.
Evidence
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Regulations at Work: Five Rules that Save Workers’ Lives and Protect their Health
This paper looks at five worker-safety regulations that were tremendously successful in reducing employee injuries, illnesses and fatalities.
