Wut? If you taxed someone making $10mil/year 98%, they'd be making no money. lolTax the living fuck out of the mega rich. Something like 98% for those making 8 figures or more.
Wut? If you taxed someone making $10mil/year 98%, they'd be making no money. lolTax the living fuck out of the mega rich. Something like 98% for those making 8 figures or more.
That's not how tax works.Wut? If you taxed someone making $10mil/year 98%, they'd be making no money. lol
I mean they'd be making almost nothing (in relativity) after taxes.
And you'd be wrong.
I'm not American, but what's the worst that can happen if you don't tax black people for 60 years of their lives
Give black Americans the red bits. Set up a new interim government with Coates as Prime Minister. Law of Return for all diaspora blacks.
That's not reparations, that should be happening regardless.Here's one that's "ungameable".
Abolish private prisons. Just do away with the whole thing, and forgiveness for minor drug offenses.
That's not reparations, that should be happening regardless.
Things like free college, free healthcare, etc. are things that need to be given to all Americans. Reparations need to be ON TOP OF those benefits. Exemption from taxes or yearly cash payments would be beneficial, for all black and native americans.
This would be a good start as would minor drug offenses, rework or eliminate three strike laws, release those who got the third strike for non-violent crime and weren't on parole for a serious offense, eliminate mandatory minimums, ban predatory court fees and fines that only really serve a purpose to raise money.Here's one that's "ungameable".
Abolish private prisons. Just do away with the whole thing, and forgiveness for minor drug offenses.
I'd say they could use some older censuses (censi?) to determine tomfoolery.What's to stop 10s of millions of non-black Americans from changing their racial identification on the next census/government form so as to get some reparation monies? Which they will do. Hell I'm sure places like Fox News and 4chan will encourage conservative whites to do so to troll the libs.
I'd say they could use some older censuses (censi?) to determine tomfoolery.
Yeah it's not perfect, people will slip through. Maybe there could be a claims department for this. It's better than vast swathes of white America doing Rachel Dolezal cosplay.
Honestly this is a hard one. I would say do it threw a education fund and investments in black neighborhoods. Jobs and education is a foundation that could help generations.
Edit: I Also feel we should add native American to this as well. They are the two deserving groups.
Land ownership is a huge deal. There's a ton of land in the middle of this country, give it up tax free. As a bonus the states wouldn't be bright red anymore.
That's not an option today, all it would do would make the richest people in the country even more powerful. They'll happily buy federal land that was given away for free to people who can't manage it and who will sensibly be prepared to sell it off immediately in order to invest it elsewhere. It would primarily increase corporate ownership of some of our most endangered places and centralize the already catastrophic system of land ownership on the major scale in America. Though this could be a good idea for Native American nationsLand ownership is a huge deal. There's a ton of land in the middle of this country, give it up tax free. As a bonus the states wouldn't be bright red anymore.
Fuck a loan, build in a stipulation it can't be sold for 40 years.That's not an option today, all it would do would make the richest people in the country even more powerful. They'll happily buy federal land that was given away for free to people who can't manage it and who will sensibly be prepared to sell it off immediately in order to invest it elsewhere. It would primarily increase corporate ownership of some of our most endangered places and centralize the already catastrophic system of land ownership on the major scale in America. Though this could be a good idea for Native American nations
A better way forward in terms of property ownership would include providing far better access to federal housing loans with low (or potentially zero) interest rates to poc and fighting back against NIMBY attitudes that prevent development of affordable housing stock.
And you'd be wrong.
Tax is progressive, you dont' pay 98% on every cent made, only on the money made after $10 million. that person would take home 5.8 million. presumably this hypothetical tax rework would have a few more steps, but a multi-millionaire would still be taking home millions after tax.
Yeah Native Americans need their kick backs also. They got the shit end of the stick right along side us
Build up the community and infrastructure. Free education/health care. You just do not give people money that never works out well in the end.
what good would that do?wouldn't everyone magically start making one dollar less than the cap then ?
But money is what's owed. When I steal from someone and have to pay back restitution, I'm not given an option by the judge to substitute something else for the amount of my theft. For centuries, money was whipped from the bodies of black slaves, not "community and infrastructure." Money.
Owed or not, that is not what would make peoples lives better.
Free education, not having to pay taxes, and building up the community would.
Do you want them to be happier, have better lives or do you just want to throw money at the problem? Throwing money at problems does not have a good track record.
I remember the last time Black men and women (and former slaves/children of slaves) had a prosperous community in the middle of the country.Land ownership is a huge deal. There's a ton of land in the middle of this country, give it up tax free. As a bonus the states wouldn't be bright red anymore.
Irrespective of anything else, this is why I feel reparations should involve something that's "lump sum" than over time. It is much harder to get back money that is delivered and spent than it is to disrupt a gradual payout or policy, as we see with medical care.Whatever it is, it shouldn't be something that can be undone as soon as republicans get back into power. Probably would be best if some structural changes were done in preparation of it too, since there's no doubt in my mind that cops would target black people even more to ensure as few folks get to make use of their reparations.
IMO the biggest thing that can be done is working to fix the system as difficult as it would be. Reparations in terms of financial compensation is never, ever going to pass at this point unless there's an unprecedented political and demographic shift.
There are no worst parts of a country, only what the people and government of that region make of it. Look at Israel, 70 years ago it was a shithole full of Malaria and poverty and now it's one of the most powerful economies in the world. If someone is given freedom and land, it will be what he makes of it.Black America has suffered enough, now you want to repackage a shitty gift for Christmas by handing them the worst parts of the US?
I think you're confused, your proposal for land ownership and what I was referring to about housing ownership are totally different things.Fuck a loan, build in a stipulation it can't be sold for 40 years.