We need to avoid political comments here.
That being said, there are good reasons for some regulations, others seem to generate more and more regulations and reporting. The reporting is often a PITA. It kind of sounds like they are trying to get you to be the investigative and enforcement arms of the EPA and IRS.
I found the OSHA reports of workplace injury/incidents for a business with 13 employees was a little excessive considering the type of business I ran, I guess understandable but documentation was pretty time consuming.