The $7 trillion invisible tax: How crime is robbing every single American
Growing up in Auburn, Alabama, crime never paralyzed me. It was rarely more than intoxicated college students and the occasional shoplifting. But every crime carries widespread costs.
I witnessed this firsthand when Tuskegee, a small rural town 20 miles southwest of Auburn, got a Walmart. Despite the exciting news and needed business, soon after the store opened, it closed. The sheer quantity of theft from shoppers and employees made the store grossly unprofitable. After the closure, Tuskegee’s mayor sadly admitted that “a large amount of unpaid checks, a high rate of utility payments, and a large amount of theft” caused the business to close.
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One of the forgotten consequences of crime is its vast toll on the economy. Crime’s chaotic........
