Black people are getting taxed out of the American Dream. Solving the problem will require a wholesale rethinking of America’s tax code.
Black Americans cannot do marriage like white Americans. Why? Because neither black husbands nor black wives have the same job opportunities and earning potential as their white peers, making it harder for them to support a stay-at-home spouse.
Black Americans can’t replicate the white experience in college, or in the labor market, or even in the stock market. Ultimately, only a select few black Americans can “act white” and get white rewards. It takes more work and requires racism triage at every turn. The way the conservative policy prescription is designed means that only a few black Americans will succeed. This won’t reduce the overall racial wealth gap, but it will help a select few black Americans build wealth—and then, perhaps, allow conservatives to blame all the other black Americans who haven’t managed to do the same on an uneven playing field.
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