Center for American Progress says Indiana stands to lose $250 million

Indiana anti homosexuality billToday The Center for American Progress distributed a release, indicating that the state of Indiana now stands to lose at least $250 million for passing their “religious freedom” legislation, which is widely seen as legalizing discrimination against the LGBT community.  Despite the fact the legislation is only a week old, the ‘religious freedom” law has tarnished the state’s reputation and made the state a pariah.  As of April 1st, The Center for American Progress details the lost and at risk revenue as follows:

Lost Revenue:
Angie’s List: $40 million
American Federation of State, County and Municipal Employees, or AFSCME, conference: $500,000

At Risk Revenue:
Big Ten football, 2016–2021: $96 million ($16 million per year)
Big Ten men’s basketball, 2020: $8 million
Big Ten women’s basketball, 2017–2021: $10 million ($2 million per year)
NCAA Men’s Final Four, 2021: $71 million
NCAA Women’s Final Four, 2016: $25 million
Christian Church (Disciples of Christ) 2017 General Assembly: $5.9 million

One should assume this is no joking matter for the state as more companies are now coming out condemning the legislation and indicating their plans to essentially create an embargo on all activity in their state. I think it is safe to say that Governor Pence and the Republican led State legislature in Indiana have done more to harm their state’s reputation and lose more money than they ever expected.  I hope the scrutiny remains and the losses continue to mount.

2 responses to “Center for American Progress says Indiana stands to lose $250 million

  1. Reblogged this on My Spice Dish.

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  2. Also, SAG/AFTRA (of which I am a member) and Actors Equity are both considering requests from member groups to pull productions and touring company visits to the State.

    They have also done done the same with Arkansas – very difficult there especially for the haters when Wal-Mart (your biggest tax base) and the governor’s son are out loud and proud against it.

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