The Cookout

[MR-D-ROB]

I think a big part of the reparations package should be tax exempt status.
I still think that monthly cash payments should be the first priority. I spelled out in another post how I think that should work.
Just an overview...
$250,000 per person.
Paid over a period of 25 years at $833.33 per month. If the person dies before complete payout then it passes to either spouse, oldest living child or if a person has neither of these a person that they have designated.

However they are going to always argue it cost too much. Citizens shouldn't have to pay for something they didn't do etc. All the usual Fox News talking points.

Tax exempt status nullifies all of those. It can't cost too much. The government isn't shelling out a dime. We black citizens just get to keep all of the money that we earn. Citizens don't have to worry about paying anything. It doesn't cost a single tax dollar. Black citizens just aren't contributing to tax. Nor should we have to because of the way we are treated in this country. We pay for police that kill us. We pay for EMS services that don't care to save out lives.

We pay property taxes and the majority of black people end up relegated to ghettos and hoods.

To me that's not fair that we pay taxes and don't get the same benefit as other citizens. So we should not have to pay taxes.

For me I would save on average $15,000 a year by being tax exempt. Not sure who is doing the math yet....

Reparations under monthly cash payments for 25 years as I outlined = $250k
Tax Exempt status as I outline would save me $375k over the course of 25 years

I'd like both but if that can't happen then damn $375k sure does sound nice!

 

[The Haze Of Our Lives]

I think a big part of the reparations package should be tax exempt status.
I still think that monthly cash payments should be the first priority. I spelled out in another post how I think that should work.
Just an overview...
$250,000 per person.
Paid over a period of 25 years at $833.33 per month. If the person dies before complete payout then it passes to either spouse, oldest living child or if a person has neither of these a person that they have designated.

However they are going to always argue it cost too much. Citizens shouldn't have to pay for something they didn't do etc. All the usual Fox News talking points.

Tax exempt status nullifies all of those. It can't cost too much. The government isn't shelling out a dime. We black citizens just get to keep all of the money that we earn. Citizens don't have to worry about paying anything. It doesn't cost a single tax dollar. Black citizens just aren't contributing to tax. Nor should we have to because of the way we are treated in this country. We pay for police that kill us. We pay for EMS services that don't care to save out lives.

We pay property taxes and the majority of black people end up relegated to ghettos and hoods.

To me that's not fair that we pay taxes and don't get the same benefit as other citizens. So we should not have to pay taxes.

For me I would save on average $15,000 a year by being tax exempt. Not sure who is doing the math yet....

Reparations under monthly cash payments for 25 years as I outlined = $250k
Tax Exempt status as I outline would save me $375k over the course of 25 years

I'd like both but if that can't happen then damn $375k sure does sound nice!

Jackpot!!! We shouldn't have to pay ANY type of tax whatsoever just on GP. Hell they have flooded the zone with so many illegals they can pay our share for the next 500 years.

 

[Jay]

I think a big part of the reparations package should be tax exempt status.
I still think that monthly cash payments should be the first priority. I spelled out in another post how I think that should work.
Just an overview...
$250,000 per person.
Paid over a period of 25 years at $833.33 per month. If the person dies before complete payout then it passes to either spouse, oldest living child or if a person has neither of these a person that they have designated.

However they are going to always argue it cost too much. Citizens shouldn't have to pay for something they didn't do etc. All the usual Fox News talking points.

Tax exempt status nullifies all of those. It can't cost too much. The government isn't shelling out a dime. We black citizens just get to keep all of the money that we earn. Citizens don't have to worry about paying anything. It doesn't cost a single tax dollar. Black citizens just aren't contributing to tax. Nor should we have to because of the way we are treated in this country. We pay for police that kill us. We pay for EMS services that don't care to save out lives.

We pay property taxes and the majority of black people end up relegated to ghettos and hoods.

To me that's not fair that we pay taxes and don't get the same benefit as other citizens. So we should not have to pay taxes.

For me I would save on average $15,000 a year by being tax exempt. Not sure who is doing the math yet....

Reparations under monthly cash payments for 25 years as I outlined = $250k
Tax Exempt status as I outline would save me $375k over the course of 25 years

I'd like both but if that can't happen then damn $375k sure does sound nice!

I agree. How we gonna get reparations and then have to cut in the same devilish government that is the cause for us needing the repair in the first place.

 

[ZxBro]

Yep, take all the taxes/collected paid by non exempt America and they automatically cut us a check every tax season......I'll go for that.

 

[MR-D-ROB]

Yep, take all the taxes/collected paid by non exempt America and they automatically cut us a check every tax season......I'll go for that.

Don't get me wrong they owe us money and they should cut the check.

If they don't though and just make all Black Americans that are descendants of slaves tax exempt I'll take it. I'd pocket so much money from just that alone that I could use it to do lots of things. Start a business. Invest in real estate. Pay college tuition. No matter what I decide to do with it I'm going to end up better off.

To me that is the overall goal.

That said the reason to cut the check is because not everyone is in my situation. If you are unemployed then you won't benefit. If you are in a low paying job then you won't benefit.

If you are in a average job and have multiple children you won't benefit near as much.

In order to truly benefit you need to be in a high paying job where a lot is being taken out on tax and live in an area that has a high or moderately high property tax rate. If that's not the case you don't really benefit much.

This is why they need to cut the check. Giving cash payments benefits everyone. If you are already doing okay that money will help you do even better. If you are at the bottom and not doing well that money is your jump off if you use it right.

Once the majority of black people are doing good whether that be because they started a business, went to college and got into a career, invested in real estate or something else to get themselves into a better position in life we're all going to be better off. The majority of black people will be middle class or higher.

A lot of our problems are going to go away. Police are going to be less likely to abuse people who now have the means to file a lawsuit. We're going to be profiled less because there is no need to be involved in crime once we have the means to do well.

Is reparations going to be a solve all. Of course not. However it takes away a lot of the issues we deal with.

 

[MR-D-ROB]

Absolutely agree. A lot of lower income people wouldn't benefit.
That's why we need tax exempt and cash payments. A anti black hate crimes bill, police reform, housing grants, and preference in hiring