
Elon Musk | All-In Summit 2024
All-In with Chamath, Jason, Sacks & Friedberg
Overregulation Acts as a Hidden Tax
Excessive regulation creates a burdensome environment that hinders productivity and innovation, effectively acting as a hidden tax on consumers. The sheer volume of regulations can paralyze efforts to move forward, with each individual regulation appearing manageable, yet collectively they become overwhelmingly stifling. This situation not only impedes businesses but also leads to a lack of awareness among the general public about the economic impact of such irrational regulatory frameworks.
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