The letter also notes the financial impact of armed violence. “At a time when our economy is struggling to recover from the Covid-19 pandemic, gun violence is costing US taxpayers, employers and communities $ 280 billion a year. “Employers lose $ 1.4 million every day in productivity and income and costs associated with victims of armed violence,” the letter said. Arms control teams, including Everytown for Gun Safety and Moms Demand Action and Students Demand Action, applauded the letter. “Corporate executives are doing their job to keep pace with the American people, so it is indicative that so many leaders are raising their voices in favor of common law on gun safety,” said John Feinblatt, president of Everytown for Gun. Safety. a release. Axios was the first to mention the letter to the legislators.