Hacker News new | past | comments | ask | show | jobs | submit login

Yes in the Tulsa case if the original owner died then there would be taxes on everything. Either the heir would pony up the money to the government (maybe by getting a loan which would be impossible due to racism). Chances are the heir would have to sell. With the right structuring there would be a generation of black people in Tulsa who would be able to afford college and other things. (of course it was burned by whites but if it wasn't).

We need generational wealth in the country. For people who are in top .01% they should have a wealth tax but for those in the top 1% and below they should be able to make sure future generations can have a chance to be successful.




OK, maybe you missed the reference. Plenty of white people benefitted from burning/bombing black businesses and then passed those ill-gotten gains to their children.

Taxing those ill-gotten gains and improving the welfare state would probably be a more just outcome, no?

https://en.wikipedia.org/wiki/Tulsa_race_massacre




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: