It could cost California more than $800 billion to compensate Black residents, economists have told a state panel considering reparations.
“We’ve got to go in with an open mind and come up with some creative ways to deal with this,” said Assembly member Reggie Jones-Sawyer, one of two lawmakers on the task force responsible for mustering support from state legislators and Gov. Gavin Newsom before any reparations could become reality.
For those who support reparations, the staggering $800 billion amount economists suggest underscores the long-lasting harm Black Americans have endured, even in a state that never officially endorsed slavery. Critics pin their opposition partly on the fact that California was never a slave state and say current taxpayers should not be responsible for damage linked to events that germinated hundreds of years ago.
Financial redress is just one part of the package being considered. Other proposals include paying incarcerated inmates market value for their labour, establishing free wellness centres and planting more trees in Black communities, banning cash bail and adopting a K-12 Black studies curriculum..Gov. Newsom signed legislation in 2020 creating the reparations task force after national protests over the death of George Floyd, a Black man, at the hands of Minneapolis police.
The numbers are approximate, based on modeling and population estimates. The economists also included $569 billion to make up for the discriminatory practice of redlining in housing loans. Such compensation would amount to about $223,000 per eligible resident who lived in California from 1933 to 1977. The aggregate is considered a maximum and assumes all 2.5 million people who identify as Black in California would be eligible.
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