Monday, May 23, 2011

Rep. Latta Seeks Input from Business Owners

WASHINGTON, D.C. – In an effort to identify burdensome regulations, Congressman Bob Latta (R-Bowling Green) is requesting Ohio’s 5th Congressional District job creators to visit, where they can complete a survey and identify federal government regulations that impede their growth and success of their business.

“My number one priority in Congress is to get Americans back to work. Government is not the answer for private sector job growth, but by removing government barriers, we can provide America’s job creators the certainty they need to grow their businesses and begin hiring again,” said Congressman Latta.

The U.S. Small Business Administration Office of Advocacy recently issued a report estimating that as of 2008 the cost of federal regulations was at $1.75 trillion annually, this equates to $8,086 per employee; and that same year income tax revenue amounted to roughly $1.45 trillion ($1.05 trillion for 2009).