This paper highlights the unacknowledged burden regulation of health and safety has placed on low-income households. Billions of dollars are spent every year to reduce life-threatening risks that arise from auto travel, air travel, air and water pollution, food, drugs, construction, and the list goes on. By focusing on the mitigation of low-probability risks with higher cost, regulation reflects the preferences of high-income households and effectively redistributes wealth from the poor to the middle class and the rich.