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Jan 11, 2023 · Black tax is the financial burden of Black people who help their less fortunate relatives, often due to historical discrimination and wealth gaps. Learn how the term originated in South Africa, how it affects Black families in the U.S., and what programs and policies try to reduce it.
- Tonya Russell
Black tax is a term that originated in South Africa which refers to money that Black workers, especially professionals and others with higher income, give to their parents, siblings, or other family members, often out of obligation or a deeply ingrained sense of family responsibility.
May 16, 2020 · The Black Tax is a book by Shawn Rochester that reveals the financial cost of racism and discrimination on African American households. It also offers a framework to eliminate the tax and create wealth, jobs and businesses in the Black community.
“The Black Tax is a brilliant, sweeping, and damning investigation of the racist structures of local taxation that resulted in the legal theft of hundreds of billions in wealth and property from Black Americans over a century and a half. Kahrl’s book follows the money—from the Jim Crow South to the segregated urban North, from civil rights protests to Wall Street profiteering—to reveal ...
Feb 5, 2019 · Many black and Latinx founders and professionals feel pressure to share their income with struggling family members, making it difficult for them to build generational wealth. Learn about the hidden "black tax" and its impact on their careers and businesses.
Feb 15, 2023 · Black tax is the extra financial burden that black people face due to systemic racism and discrimination. Learn how it affects their financial wellness and what can be done to tackle it.
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Feb 14, 2024 · Hassle-free tax filing* is $50 for all tax situations — no hidden costs or fees. Maximum refund guaranteed. Get every dollar you deserve* when you file with this tax product, powered by Column ...
