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== Shocking Truths About What Protests Cost You
With the influx of recent protests in America, here's a detailed look at how these movements can impact taxpayers and the economy.
By Andrew DePietro March 29, 2017==
Property Damage Costs
Aside from footing the bill for police overtime, taxpayers often account for costs associated with property damage. In the case of Charlotte, N.C., protests inflicted $122,000 worth of property damage to city-owned buildings alone, reports the Charlotte Observer.
And in 2015, the Baltimore Sun reported the rioting and unrest that followed after Freddie Gray's death was estimated to cost taxpayers $20 million, which includes overtime pay for law enforcement, damage to city-owned property and more.
Here's a look at how much property damage these four famous protests and riots have cost cities:
City Protest or Riot Value of Property Damage
Seattle 1999 Seattle World Trade Organization Protests $20 million
Los Angeles 1992 LA Riots $446 million
Miami 1980 Miami Riots $50 million
Los Angeles 1965 Watts Riots $183 million
Sources: National Bureau of Economic Research's "The L.A. Riot and the Economics of Urban Unrest," Chicago Tribune 2000 report.
https://www.gobankingrates.com/taxes/refunds/economics-protest/
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