Reply to It's (finally) time for reparations. It's time for the US to pay its debt.

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Reply to "It's (finally) time for reparations. It's time for the US to pay its debt. "

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm all for paying higher taxes to provide healthcare for all, better schools, and free college for lower-income kids.

I worked in development for 10 years and huge cash transfers aren't the way to go. Teach a man to fish and all that.[/quote]

I see your point. What if the accumulated wealth of people who benefited from slavery was put back into the school system, into healthcare, and other systems for supporting disadvantaged communities?[/quote]

PP here and confiscating 100% of everybody's (I assume that's what you meant) wealth is totally infeasible. How do you stop everybody from moving their money to the Cayman Islands, or from investing $80K in Portugal or wherever. Zuckerberg, the rest of Silicon Valley, and those middle-income whites with $100,000 in their 401(k)s are smart enough to get around this. Plus, most people who have wealth have more of it than they have income, so you're trying to confiscate much, much more than your original proposal. This is a dumb idea. The income tax system is the only way to go.[/quote]

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