North Carolina is losing hundreds of millions of dollars a year due to a 2016 law panned as discriminatory.
The state's infamous "bathroom bill" will cost it $3.76 billion over the next dozen years, according to the Associated Press.
SEE ALSO: Boy Scouts lifts ban on transgender boysThat cost comes in lost business.
The law -- which targeted LGBT people by allowing discrimination on the basis of sexual orientation and prevented transgender people from using the bathroom that corresponded to their gender identity -- has led to organizations, conferences and sporting events moving away form North Carolina.
PayPal was set to add around $2.66 billion to the economy over 12 years with a new facility in the state, but decided against it after the legislation. Adidas decided not to pick North Carolina for a new factory that would have added an estimated $67 million to the state's economy. After the bill became law, the NBA moved its all-star game and Bruce Springsteen canceled a concert there.
These are just a small sampling of the economic costs of the bill as tallied by the AP, and even the AP's full accounting likely doesn't reflect the true cost of the legislation. Some employers have likely reconsidered North Carolina plans behind closed doors, and organizations such as the NCAA are looking elsewhere when planning their future tournaments.
That's not to say the state is in dire straits. North Carolina still has one of the nation's best economies. But supporters of the bill have long said its economic costs costs have been next to nothing, and this proves that's not the case.
Copyright © 2023 Powered by
North Carolina's bathroom bill will cost the state $3.7 billion-坐而论道网
sitemap
文章
2374
浏览
3
获赞
67124
Trump's already figured out how to game Facebook's election ads ban
Donald Trump has never met a Facebook rule he couldn't bend, break, or ignore to his advantage. TheTinder launches apocalyptic Swipe Night experience in the UK and around the world
Trying to find love as the world ends? What a concept! That premise is central to Tinder's interactiTikTok stopped showing users likes, and everyone melted down
TikTok temporarily stopped displaying likes, and users thought the U.S. government actually went thrSir Ian McKellen recorded a very sweet video for Sir Patrick Stewart's 80th birthday
Sir Patrick Stewart promised us another sonnet on his 80th birthday, and you'd better believe he delTrump's already figured out how to game Facebook's election ads ban
Donald Trump has never met a Facebook rule he couldn't bend, break, or ignore to his advantage. The*That* Chadwick Boseman tweet is now Twitter's 'most Liked' ever
On Friday evening, Aug. 29, 2020, the people of Twitter received the devastating news of Chadwick BoBreonna Taylor's death shouldn't be an insensitive Twitter meme
Twitter users are calling each other out for turning a call for justice for Breonna Taylor into a meCan you still play 'Fortnite' on iOS and Android?
By now, you’ve probably heard about the dispute between one of the biggestvideo games of all tWhat is Parler? Everything you need to know about the conservative social network.
UPDATE: Jan. 8, 2021, 6:47 p.m. PST Parler has been removed from Google's Play Store for not havingInstagram testing 'personal fundraising' right in the app
Look out, GoFundMe.Instagram announced Tuesday that it's launching a new capability called PersonalYour Android device becomes a mini
Project xCloud is almost here.Microsoft's long-hyped entry into the realm of cloud gaming is comingSurreal views of popular destinations emptied by the pandemic
With coronavirus cases surging in some parts of the United States, institutions like the NBA and DisFacebook tells employees they can work from home until July 2021
Facebook employees will be allowed to work from home for nearly one more year due to the coronavirusSurreal views of popular destinations emptied by the pandemic
With coronavirus cases surging in some parts of the United States, institutions like the NBA and DisTrump poses with Goya beans to distract us from the real issues
Donald Trump doubled down on his family's beans endorsement, even though it's likely a federal ethic