Black people shouldn't have to pay taxes... hmmm.

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iamwhatiseem

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Aug 19, 2010
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Well that is an interesting take is it not?
Even though almost half of all black Americans have no slave ancestry. And as every year goes by, less and less do.
So how much sense does this make?
Or is this discussion being made on MSNBC have more in common with what is coming up in November?
 

Well that is an interesting take is it not?
Even though almost half of all black Americans have no slave ancestry. And as every year goes by, less and less do.
So how much sense does this make?
Or is this discussion being made on MSNBC have more in common with what is coming up in November?
Slavery doesn't have a damn thing to do with this.

Citygroup did a study focusing on U.S. GDP from 2000 until 2020. The study revealed huge losses in GDP due to continuing discrimination against blacks in business revenue, education, housing credit, and income. The study determined that since the year 2000, continuing discriminatory practices in the four areas mentioned in the prior sentence resulted in a loss of 16 trillion dollars in GDP. The breakdown is as follows:

“Closing the Black racial wage gap 20 years ago might have provided an additional $2.7 trillion in income available for consumption and investment.

Improving access to housing credit might have added an additional 770,000 Black homeowners over the last 20 years, with combined sales and expenditures adding another $218 billion to GDP over that time.

Facilitating increased access to higher education (college, graduate, and vocational schools) for Black students might have bolstered lifetime incomes that in aggregate sums to $90 to $113 billion.


Providing fair and equitable lending to Black entrepreneurs might have resulted in the creation of an additional $13 trillion in business revenue over the last 20 years. This could have been used for investments in labor, technology, capital equipment, and structures and 6.1 million jobs might have been created per year.”

Closing the Racial Inequality Gaps
 
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