Anonymous ID: 6ad5b2 June 7, 2020, 4:37 p.m. No.9525314   🗄️.is 🔗kun   >>5579 >>5659 >>5735 >>5766

== 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/