A good portion of the California is on fire, many of its citizens have suffered from recent blackouts during extreme-heat conditions, and the draconian coronavirus lockdowns are killing small businesses.
Instead of worrying about real problems, the state’s political class has decided to focus on paying reparations to African Americans.
The state Senate supported creating the nine-member commission on a bipartisan 33-3 vote Saturday. The measure returns to the Assembly for a final vote before lawmakers adjourn for the year on Monday, though Assembly members overwhelmingly already approved an earlier version of the bill.“Let’s be clear: Chattel slavery, both in California and across our nation, birthed a legacy of racial harm and inequity that continues to impact the conditions of Black life in California,” said Democratic Sen. Holly Mitchell of Los Angeles.
The proposal, AB-3121, titled “Task Force to Study and Develop Reparation Proposals for African Americans,” would create the nine-member commission to study who would be getting the monies, and where it would be coming from. Considering that California was a free state during the Civil War and that businesses are collapsing throughout the state those answers are not obvious.
The matter will move to the Assembly, where its easy passage on the social justice merits alone will be easy.
States like Texas, New York and Vermont have done similar studies in the last two years, finding that along with cash, reparations could mean housing assistance, lower tuition, forgiving student loans, job training, community investments, etc.“If the 40-acres-and-a-mule that was promised to free slaves were delivered to the descendants of those slaves today, we would all be billionaires,” state Sen. Steven Bradford, D-Gardena, said. “I hear far too many people say, ‘Well, I didn’t own slaves, that was so long ago.’ Well, you inherit wealth — you can inherit the debt that you owe to African-Americans.”
Why the sudden move in reparations? I suggest that it may be related to the fact that black support for President Donald Trump has jumped significantly, as note recently by Emerson College Polling:
Biden leads with all minority groups, albeit by different ranges. Biden leads with Asians 76% to 11%, Blacks/African Americans 77% to 19%, and Hispanic voters break for Biden 60% to 37%.
Compare the number to the 8% Trump received in 2016, and it is clear why Democrats are panicked. Furthermore, many Democrats are uninspired to vote, so clearly the party is looking to gain some traction with issues that they assume will appeal to their base.
Sadly for them, their base seems to be more attracted to the prosperity and freedoms showcased last week during the Republican National Convention.
As a matter of fact, if California’s Democrats feel the need to pull this stunt right now, exactly how badly is Joe Biden actually doing in the super-secret internal polling?
Of course, many Californians will chose to leave than pay for sins neither they or their ancestors engaged in. Our politicians have a plan for that as well.
Knowing about the huge outbound migration from California, Cavuto asked what would happen to wealthy people who move out of state.[California Assemblyman Rob] Bonta said tax “avoidance” would not be allowed as California would tax them for the next ten years, despite what state they live in. Bonta said that because they accrued the wealth in California, the state can continue to legally tax it.“Tax avoidance,” with the primary purpose of reducing the valuation of a taxpayer’s worldwide net worth is required to be disregarded. “The bill authorizes the Franchise Tax Board to adopt regulations necessary to carry out these new statutory provisions including the valuation of certain assets that are not publicly traded,” Micheli said.“AB 3088 requires the FTB to adopt regulation designed to prevent the avoidance or evasion of the wealth tax.”Conversely, a billionaire who moves to California but acquired their wealth in another state, will still have to pay the proposed wealth tax for ten years.
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