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re: San Francisco reparations panel on how it decided on $5M per person

Posted on 2/28/23 at 1:09 pm to
Posted by foosball
Member since Nov 2021
1887 posts
Posted on 2/28/23 at 1:09 pm to
quote:

"I wish we had this kind of money in San Francisco’s general fund but if we want to maintain the services that exist today, we do not,"




Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134860 posts
Posted on 2/28/23 at 1:10 pm to
quote:

DO IT!!!

I want to see California bankrupt beyond repair.... this will certainly do that.



This is almost certainly going to be done with federal money
Posted by ShoeBang
Member since May 2012
19358 posts
Posted on 2/28/23 at 1:11 pm to
quote:

reparations panel on how it decided on $5M per person




WHAT A JOURNEY

Posted by Roberteaux
mandeville
Member since Sep 2009
5809 posts
Posted on 2/28/23 at 2:42 pm to
So is there a stipulation that these grifters must live in San Fran for a period of time after receiving their handout? Or are these societal failures allowed to take the money and jet?
Posted by UnluckyTiger
Member since Sep 2003
35801 posts
Posted on 2/28/23 at 2:43 pm to
quote:

they need to give money to the homeless


They’re called the “unhoused” now!!!
Posted by Glorious
Mobile
Member since Aug 2014
24503 posts
Posted on 2/28/23 at 3:43 pm to
Imagine the clusterfrick for all the mentally incompetent people in a major US city. Relatives are gonna be coming out of the woodwork to get guardianship of their special needs 7th cousin and pocket as much of the reparations as they can
This post was edited on 2/28/23 at 3:43 pm
Posted by alajones
Huntsvegas
Member since Oct 2005
34472 posts
Posted on 2/28/23 at 3:57 pm to
quote:

City supervisors say the proposal is unrealistic given the city's budget, however. While not all the city's 50,000 Black residents would qualify for the full $5 million payment, the expense would nevertheless be untenable.


Look at all my virtues!!! Look at them!!!



This post was edited on 2/28/23 at 5:32 pm
Posted by AceHole
Your mothers bedroom
Member since Mar 2012
931 posts
Posted on 2/28/23 at 4:33 pm to
Good time to own a Dodge dealership or rim shop in SF
Posted by andouille
A table near a waiter.
Member since Dec 2004
10704 posts
Posted on 2/28/23 at 4:43 pm to
Damn, them crack dealers & tattoo parlors will get all of it.
Posted by mdomingue
Lafayette, LA
Member since Nov 2010
30290 posts
Posted on 2/28/23 at 5:17 pm to
quote:

DO IT!!!

I want to see California bankrupt beyond repair.... this will certainly do that.




This is the sort of short-sighted thinking that gets us into these situations in the first place.
Posted by lsuson
Metairie
Member since Oct 2013
12170 posts
Posted on 2/28/23 at 5:21 pm to
Do it! Bankrupt San Fran! Liberal Utopia!
Posted by s0tiger
Member since May 2008
677 posts
Posted on 2/28/23 at 5:36 pm to
What did that study conclude?

Median inheritance for blacks and whites is off by as little as $3k to almost a couple hundred thousand depending on source, not millions.

So I have to assume it was a more reasonable amount than $5M as impacts from systematic racism on wealth would certainly be very present in generational wealth metrics.

Hispanics are the lagging demographic.
This post was edited on 2/28/23 at 5:38 pm
Posted by TomRollTideRitter
Member since Aug 2016
12618 posts
Posted on 2/28/23 at 6:09 pm to
Any honest “but for” damages analysis would find that the vast majority of slave descendants are better off financially because their ancestors were imported here.
Posted by liz18lsu
Naples, FL
Member since Feb 2009
17302 posts
Posted on 2/28/23 at 6:40 pm to
quote:

San Francisco reparations panel on how it decided on $5M per person


And why when you filed the 2022 Annual Gross Receipts tax return today, you had to report the total compensation of the highest paid managerial employee, including stock options, as a ratio to the average San Fran employee at the company. The ratio was then applied to San Fran revenue, to cover the voted-in "Overpaid Executive Tax". Oh and the "Homelessness Gross Receipts Tax". I can't make this up. San Fran Business Taxes

And on 4/1, L.A. is implementing a "Millionaire's Tax" for certain, high-dollar real estate transactions, a punitive transfer tax.

California people are nuts. But that has been established.
Posted by DemonKA3268
Parts Unknown
Member since Oct 2015
19196 posts
Posted on 2/28/23 at 7:08 pm to
quote:

I want to see California bankrupt beyond repair.... this will certainly do that.


This! And it won’t turn out like they think
Posted by DemonKA3268
Parts Unknown
Member since Oct 2015
19196 posts
Posted on 2/28/23 at 7:09 pm to
quote:

Any honest “but for” damages analysis would find that the vast majority of slave descendants are better off financially because their ancestors were imported here.


You know certain ones don’t have the intellectual capacity to understand that…

Posted by LordSaintly
Member since Dec 2005
38894 posts
Posted on 2/28/23 at 7:22 pm to
I would never accept a check for reparations. I don't care how much it's for.
Posted by NPComb
Member since Jan 2019
27356 posts
Posted on 2/28/23 at 7:25 pm to
quote:

Definitely looks like they weren’t serious about providing legitimate numbers.


Like there is any legitimate numbers?
Posted by ccomeaux
LA
Member since Jan 2010
8184 posts
Posted on 2/28/23 at 7:28 pm to
If 10% qualify that’s 50 billion USD
These people are beyond ridiculous
Posted by rantfan
new iberia la
Member since Nov 2012
14110 posts
Posted on 2/28/23 at 7:31 pm to
Mixed races , do they get half or they have to pay towards it then take out later.
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