President-elect Joe Biden finished naming his Cabinet nominees and called on the Senate to confirm his picks"as close to January 20th as possible."A key pledge in President-elect Joe Biden’s plan to build the nation “back better’’ is to be bolder in addressing the systemic racism that has hindered the advancement of Black Americans, and other people of color, for generations.
But the challenge of narrowing a racial gap that spans areas from homeownership to wages to property taxes is vast. While 36% of homeowners lost pay from March through September, 41% of African American homeowners saw a drop in income according to the Harvard report, citing data from the Census Bureau’s Household Pulse Survey. And at the end of September, 17% of African Americans who owned a home were behind on paying their mortgage versus 7% of whites, the report said.
"If you're Black and your parents didn’t own a home, you're more likely to take out loans,'' says Andre Perry, a senior fellow in the Metropolitan Policy Program at Brookings, and author of"Know Your Price: Valuing Black Lives and Property in America’s Black Cities.""So wealth begets wealth. But a lack of wealth also begets debt, and that's what's happening all across the country."And then there was theft.
Goaded by articles in the local newspaper, and likely fueled by white resentment of the success and affluence of the district known as"Black Wall Street,'' whites descended on the community of roughly 10,000, burning 1,500 homes to the ground and bombing more than 600 Black-owned businesses, according to the Tulsa Historical Society.
While redlining is now outlawed, underinvestment in Black neighborhoods continues, Perry says. And the new building and restoration that comes with gentrification often result in Blacks being displaced, unable to afford higher taxes or rents, as more affluent whites move in. "A lot of this was very subtle'' Kahr saysl."Many African American landowners didn't know they were being overtaxed... But over time, it added up to being a very heavy burden with long-term consequences for Black wealth-building and economic mobility.’’
But even if bias is unintentional, structural issues continue to put Black taxpayers at a disadvantage. And Black and Latino homeowners – who appeal their assessments less, win those appeals less often, and see smaller tax cuts than whites when they are successful – tend to pay higher property taxes wherever they live. Lack of access to lawyers, and a reluctance to trust and challenge the official process are some of the reasons.
Yes, let's take care of a certain color first. Give them their free shit!!!
You are such a liar
MLK DAY TODAY! STOP THE SPREAD OF WHITE SUPREMACY! WOMEN REVOLUTION! 1820 1920 2020! THE PAT ROBERTSON PROPHECY! LILLY LEDBETTER COVER-UP! KAMALA HARRIS WILL BE PRESIDENT! WAYNE the WALL
George Floyd and Breonna Taylor weren't 'police abuse.' 'Lie down with dogs, wake up with fleas.' -Ancient Proverb
This is at least the second time you've used the Joe Biden with a halo photo. Give us a break.
Blacks aren't discriminated against in lending. Credit scores don't see race; if you're a dumbass with your finances no one's going to give you a mortgage. It's really very simple.
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