To Rep. Alexandria Ocasio-Cortez, it embodies “a shadow of slavery’s power.” To the New York Times editorial board it represents “a living symbol of America’s original sin.” To filmmaker Michael Moore, it advances a “racist idea.”
Hoover Institution fellow Thomas Sowell says that reparations are not going to happen but the attempt to make it happen will polarize the country. Sowell said reparations are another left-wing idea that sounds so wonderful that people never stop to ask can we actually do this?
For over six years, California has had a top marginal income tax rate of 13.3 percent, the highest in the nation. About 150,000 households in a state of 40 million people now pay nearly half of the total annual state income tax.