Racism in the U.S. Has an Enormous Pricetag: States Lose Billions of Dollars Because of Income Inequality

Racism and job discrimination cost the state of Georgia nearly $4 billion a year in lost tax revenue—an amount that’s equivalent to 20 percent of the state’s budget last year. Or to put another way, it’s twice as much as the state spent to run the entire 30-school University of Georgia system, and almost four times as much as the state spent last year on prisons.

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