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Yeah, but you don’t think that this just perpetuates economic injustices from past generations? Like I’m sure all the black business owners in Tulsa would have
by RC_ITR 5y ago
Yeah, but you don’t think that this just perpetuates economic injustices from past generations?
Like I’m sure all the black business owners in Tulsa would have loved to do the same for their grandchildren, but were systematically denied that opportunity. Why should we go so far out of our way to support the will of certain dead people but not all of them?
- gscott 5y agoYes in the Tulsa case if the original owner died then there would be taxes on everything. Either the heir would pony up the money to the government (maybe by getting a loan which would be impossible due to racism). Chances are the heir would have to sell. With the right structuring there would be a generation of black people in Tulsa who would be able to afford college and other things. (of course it was burned by whites but if it wasn't). We need generational wealth in the country. For people who are in top .01% they should have a wealth tax but for those in the top 1% and below they should be able to make sure future generations can have a chance to be successful.
- RC_ITR 5y agoOK, maybe you missed the reference. Plenty of white people benefitted from burning/bombing black businesses and then passed those ill-gotten gains to their children. Taxing those ill-gotten gains and improving the welfare state would probably be a more just outcome, no? https://en.wikipedia.org/wiki/Tulsa_race_massacre https://en.wikipedia.org/wiki/Tulsa_race_massacre