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Some Montana businesses may face tax hike in 2021 - KECI
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So much of the state has a 'live and let live kind of mindset' and this so clearly breaks that." In 2019, 12. 6 million people checked out Montana and spent $3. 8 billion, according to the Montana Office of Tourism and Organization Development. As one of the state's leading industries, tourist and the visitors that come with it "include money to the state's economy, supporting tasks and reducing state and regional taxes for Montana residents," a 2019 financial impact study stated." We do business in Montana for several factors, but for a number of us, it comes down to this: We like this state.
" Nevertheless, we will not jeopardize our values and stay silent concerning legislation that will adversely affect our workers, our consumers, our competitiveness, and our neighborhoods." Whether LGBTQ people feel safe in a state can injure tourism, stated Jessica Shortall, director of business engagement for America Completes, a nationwide, nonpartisan service coalition for non-discrimination.
Open To All: Montana Supportive Business Initiative - Pride Foundation
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A statement from the Montana High Tech Alliance provided a similar caution to Shortall's in a statement concerning HB112. It said anti-LGBTQ+ expenses could "significantly hinder" the state's capability to recruit and keep top skill." Every year in our surveys, tech leaders report that their biggest barrier to growth is access to talent.
In the last decade, business have not been shy about voicing their annoyance with expenses they consider as prejudiced. The 2015 signing of a RFRA bill in Indiana might have cost Indianapolis $60 million, the city's not-for-profit tourism association said. This Site originates from 12 conventions that mentioned RFRA as a reason for passing by the city.
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The Associated Press approximated that North Carolina's finalizing of the HB2, the "Bathroom Expense," cost the state nearly $4 billion in civilian casualties. It also led to Paypal canceling a $3. 76 billion investment, and the National Basketball Association pulling the state from hosting the All-Star game. But the losses that might hit closest to house were the financial effects from the National Collegiate Athletic Association.