Black Californians owe up to $800 billion due to decades of discrimination and generations of inherited racism – so experts should have a say in the official recommendations.
Government Gavin Newsom Efforts are spearheaded starting in 2020 to determine what African-Americans in the Golden State might suffer if Cali decides to pay compensation … and this astronomical figure is what a bunch of economists are spitting on. spit out
There’s an entire agency dedicated to this issue. BTW… It consists of state legislatures that focus on 5 key areas – seizures of property by the government. Devaluation of black businesses housing discrimination General health.
Note that the economists here only consider these three categories in their $800 billion figure — excluding forfeited assets and the current decline in business values – which means that the final estimate is could be much higher in any case The task force will hear the new totals on Wednesday and take it into account at a scheduled meeting.
Considering there are approximately 2,537,000 blacks in California. According to the 2022 US Census, this means that an individual earns about $315,000, more or less. However, that figure may vary. It depends on the criteria of the person receiving the compensation.
These include a certain age (18 years), being a citizen of CA for some time, and being descendants of those who enslaved and/or liberated blacks in the United States in the 19th century…among other benchmarks. Any state of California can determine.
TMZ.com
Of course, opponents will cite the obvious thing to push for this: California has never been a slave state. Additionally, they say taxpayers shouldn’t have to pay this kind of tax for long-standing practices. Although Newsom and its associates say otherwise
Now, whether the recommended indemnity actually applies is a whole other ball game. The working group must agree on the final figure. Then it goes to the state legislature…which must be drafted into a bill and passed both houses. After that, Newsom himself had to sign.
Another thing to consider… this is separate from what SF is mulling over – it’s own. Offered compensation A package which will see black residents earn up to $5 million per person.
