Reparations may not be necessary. If we have a $1 trillion dollars and whites have $50 trillion as a result of slavery, when the government needs funding to build communal assets, who do you think will carry the burden the most? For a long period, the marginal tax rate was quite high, and the death tax hit a lot of the wealthy. We gain access to infrastructure, schools, and other social benefits with very little being paid in return from us. Many of them will pay property taxes and send their kids to private school to segregate themselves. Recently, they have started to change this because of the demographic shift to reduce the wealth transfer that happens with government spending.
- In 2015, the top 50 percent of all taxpayers paid 97.2 percent of all individual income taxes while the bottom 50 percent paid the remaining 2.8 percent.
- The top 1 percent paid a greater share of individual income taxes (39.0 percent) than the bottom 90 percent combined (29.4 percent).
- The top 1 percent of taxpayers paid a 27.1 percent individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.6 percent).
They can hoard all the wealth they want from slavery, stealing intellectual property from me, when the government needs money to pay for shit they're going to be paying for it because we don't have anything and we will most likely the beneficiaries to the programs.
