I think every regulation that requires a private sector entity to undertake a certain action and expend funds can rightly be called a tax.
Editor's note · Context
Bachus argues that regulations impose financial burdens similar to taxes.
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More from Spencer Bachus
Our loan was turned down not because of our credit. We had perfect financials and had been working with the same manager for 20 years. It was just because question sell guns, and they said that to us specifically, you sell guns.
Thank you for the billions of dollars' worth of refunds that you have gotten for the American people. I do appreciate that.
First let me thank Chairman Goodlatte and Ranking Member Conyers--former Chairman Conyers--for those kind remarks. I have been fortunate to associate with both of you gentlemen over the past years and appreciate the confidence you have…
Those left on the short end can often be the people who have the greatest difficulty in getting any credit at all.





