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Robert D. Flach is unconvinced by my arguments against increased preparer regulation. I think the argument boils down to whether the benefits of regulation are worth the costs. He thinks so. I think that's as much a victory of hope over experience as a fourth marriage.
Robert does make some interesting observations worth addressing when I have more time later. Meanwhile, he makes as good an argument for the bad case for preparer regulation as you're likely to find.
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Comments
Newsflash:
Newly elevated member of regulatory rent-seeking apparatus elated!
Posted by: Apep | August 31, 2010 11:37 AM