Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home DramaAlert

New Book Reveals The $600B Stolen From Black Americans

Connie Marie by Connie Marie
April 24, 2024
in DramaAlert
0
New Book Reveals The 0B Stolen From Black Americans
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Luka Doncic Says Ex Filed Child Support Docs in Wrong Country

Kim Kardashian Sofwave Skin Treatment Guide and Results

Judge Tosses Out Pete Hegseth’s Press Restrictions That Led To Exodus Of Journalists

New Book Reveals The 0B Stolen From Black Americans

by Jeroslyn JoVonn

April 24, 2024

A new book details the $600 billion stolen from Black Americans nationwide.

A new book is set to unravel how the U.S. stole $600 billion from Black Americans.

Andrew W. Kahrl, professor of history and African American studies at the University of Virginia, put extensive research in his new book which describes how US bureaucracies created the nation’s ongoing racial wealth gap by implementing a system of highly unjust municipal and state taxes, Bloomberg reports. “The Black Tax: 150 Years of Theft, Exploitation, and Dispossession in America” shares statistics, studies, and tales of Black Americans being cheated out of land ownership and pushed into poverty by racist laws and practices dating back to the Jim Crow era.

“This history sheds new light on the forces generating economic inequality in America and the racial character of those inequalities,” Kahrl writes.

The book pairs personal stories with rich details about municipalities nationwide that used complex tax collection to fund distribution to white land and property owners, and the economic dynamics spanning over a century of US history.

Starting in the late 19th and early 20th centuries, unfair tactics were used to doubly disadvantage Black landowners by artificially inflating property value estimates for tax calculation, overcharging them for their land, and exploiting their inability to pay as a means to seize their properties.

Examples include Anthony Fleming and J.R. Rooks, two Black men forced off their farmland by White supremacist mobs who went on to establish a town with the goal of enabling Black Americans to own land. By 1911, Edmonson, Arkansas, encompassed 30 square miles of stores, a bank, a hotel, and a post office for local Black homeowners.

However, 20 years later, the town was no more after white plantation owners plotted to seize the land by imposing taxes on lots the Edmonson residents were unaware of. Once the residents failed to pay the taxes they had no clue about, the plantation owners seized the land. It was deeded over to one of the plantation owners who had concocted the scheme and demolished all of the buildings.

In 1920, Hillery Thomas Stewart Sr. lost 24 acres of land in a tax sale “under dubious circumstances” after the great-great-grandfather of George Floyd failed to pay $18.83 in taxes. Losing the land forced the Stewart family into poverty.

When looking at the 11 million acres of land taken from Black Americans, it equates to $326 billion in today’s dollars. Not to forget the millions in taxes Black Americans have overpaid for over a century. From 1870 to 2020, Black Americans were overtaxed by more than $275 billion in 2023 dollars.

Kahrl doesn’t just focus on the grim findings but he does share possible solutions to making up for the last century of financial oppression against the Black community. He suggests the establishment of a federal fiscal equity program that mirrors Canada’s approach, where funds are allocated to local governments based on their needs. He also suggests introducing a universal home tax exemption for numerous Americans, especially lower-income homeowners or those residing in historically neglected areas. Another option would be to impose taxes on the wealthiest individuals in the US.

“This is the past that we live with today. But it does not have to be our future,” Kahrl writes.

“The Black Tax: 150 Years of Theft, Exploitation, and Dispossession in America” released on Wednesday, April 24, and retails for $35 through the University of Chicago Press.

RELATED CONTENT: Calls For France To Repay Haitian ‘Freedom Tax’ Grow Louder



Source link

Tags: 600BAmericansBlackBookrevealsStolen
Share30Tweet19
Connie Marie

Connie Marie

Recommended For You

Luka Doncic Says Ex Filed Child Support Docs in Wrong Country

by Connie Marie
March 21, 2026
0
Luka Doncic Says Ex Filed Child Support Docs in Wrong Country

Luka Doncic My Ex is Fighting in Wrong Court ... Our Kids Live in Slovenia Published March 20, 2026 6:35 PM PDT Luka Doncic is calling a technical...

Read more

Kim Kardashian Sofwave Skin Treatment Guide and Results

by Connie Marie
March 21, 2026
0
Kim Kardashian Sofwave Skin Treatment Guide and Results

Kim Kardashian Sofwave skin treatment is a trend in the sphere of beauty. It is a non invasive skin tightening procedure which involves the employment of ultrasound power...

Read more

Judge Tosses Out Pete Hegseth’s Press Restrictions That Led To Exodus Of Journalists

by Connie Marie
March 20, 2026
0
Judge Tosses Out Pete Hegseth’s Press Restrictions That Led To Exodus Of Journalists

The Pentagon‘s new restrictions on press access violate the First and Fifth Amendment, a federal judge ruled on Friday, delivering a victory to media outlets that left the...

Read more

U.K. reality star Jordan Wright found dead in Thailand drainage canal – National

by Connie Marie
March 20, 2026
0
U.K. reality star Jordan Wright found dead in Thailand drainage canal – National

Descrease article font size Increase article font size British reality star Jordan Wright, who appeared in two seasons of hit reality show The Only Way is Essex (TOWIE),...

Read more

Usher And Justin Bieber Confrontation At Beyoncé’s Oscar Party

by Connie Marie
March 20, 2026
0
Usher And Justin Bieber Confrontation At Beyoncé’s Oscar Party

Source: Aaron J. Thornton/WireImage Allen Berezovsky/Getty Images In what sounds like the plot of a very chaotic Hollywood fever dream, Usher and Justin Bieber reportedly got into a...

Read more
Next Post
Matty Healy Says He Hasn’t ‘Listened’ To Taylor Swift’s New Album

Matty Healy Says He Hasn't 'Listened' To Taylor Swift's New Album

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • Luka Doncic Says Ex Filed Child Support Docs in Wrong Country
  • Outlander’s Caitriona Balfe Explains Claire’s Powers In New Interview
  • Chip Zdarsky Collects His ZCN Magazine In One Big Book And Collapses

Copyright © 2025 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2025 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In