Arrr, ye scallywags! California's wild reparations scheme be plunderin' the coffers o' hardworkin' landlubbers. Prepare to be pillaged!
2024-03-01
Arrr matey! According to a scallywag analysis by CalMatters, each eligible landlubber in California be owed a booty of $1,381,198 in reparations. Avast ye, that be a whole lot of doubloons for California scallywags! Aye, 'tis a treasure worth plundering indeed!
In the realm of California and other places like New York and San Francisco, there be much talk o' reparations and the historical reasons behind such mass payouts. But as Pythagoras once wisely said, 'tis the numbers that govern the universe.The proponents o' reparations in California be swashbucklingly dismissin' any naysayers who raise concerns about the costs. State Sen. Steven Bradford, champion o' reparations in the legislative realm, be sayin' that the form and qualifications for such reparations be still up in the air.Despite the uncertainties, the California lawmakers be pressin' on with their plans. They be introducin' proposals to kickstart the recommendations from the State Reparations Commission. Bradford himself be proposin' a hefty sum o' $1.5 billion for reparations this very year, even with the state facin' a vast deficit.But what be this down payment for, ye may wonder? A new analysis from the Pacific Research Institute be sheddin' some light on the matter, revealin' that the cost o' reparations per eligible Californian be a mighty $1,381,198.Should these reparations be doled out over 30 years, the annual cost to the state could range from billions to trillions, dependin' on the factors at play. Methinks 'tis a sum the Legislature may find hard to meet without plunderin' the coffers through drastic tax hikes.Such tax hikes would be the highest this land hath ever seen, takin' a hefty toll on the wallets o' the common folk. 'Tis a dilemma that could lead to a mass exodus from the state, as folks seek respite from the burden o' these reparations.Instead of burdenin' the people with such high taxes, there be other ways to foster prosperity for all, includin' Black families. Repealin' laws that stifle work opportunities, implementin' school choice, and reformin' regulations to lower housing costs be some o' the ways to ensure a brighter future for all Californians.By chartin' a course towards broad-based prosperity, all Californians, regardless o' their background, can aspire to reach the fabled American Dream.