So you want to carve out an exemption that will largely benefit non-minorities and increase wealth inequality, in the name of helping minorities and closing the wealth inequality gap? That's quite some spin there.
How about we take in more tax from the wealthy, regardless of their ethnic origins, and use that money to provide better social safety nets for the poorest who are also disproportionately minorities due to system and historical racism? You know, close the wealth gap, instead of further increasing it.
Or heck, if you're really serious about this then tax the wealthy and pay actual reparations.
It doesn't make any rational sense to pass a tax cut for the wealthiest in the name of "some of them could be minorities too!" It makes far more sense to tax all the wealthy, then help minority populations who would benefit more greatly.
The top 1%'s kids will have to survive without that third house or yacht, even if they're minorities.
Why such an antagonistic reply? An honest reading of my comment is that I’m speaking primarily of black millionaires — while leaving the door open that there are other groups also deserving of exemptions.
It’s fine to disagree — but the tone is rather over-the-top considering. Let’s have a conversation. I’m open to hearing why it’s a stupid idea. But if we attack each other for posting ideas — then people won’t put forward ideas out of fear of being attacked.
I like your original post not because I agree with it but I think it outlines an important point. Allowing families to work uninhibited without fear of government coming and taking everything allows these families (cultures) to get ahead.
How about we take in more tax from the wealthy, regardless of their ethnic origins, and use that money to provide better social safety nets for the poorest who are also disproportionately minorities due to system and historical racism? You know, close the wealth gap, instead of further increasing it.
Or heck, if you're really serious about this then tax the wealthy and pay actual reparations.
It doesn't make any rational sense to pass a tax cut for the wealthiest in the name of "some of them could be minorities too!" It makes far more sense to tax all the wealthy, then help minority populations who would benefit more greatly.
The top 1%'s kids will have to survive without that third house or yacht, even if they're minorities.