. Verification: 8ea7dd8e8067cf6e

Candi CdeBaca, a Democratic socialist who is 37 years old, has proposed that white-owned businesses ought to make up for the wrongs committed by slavery by paying reparations. She advocated a race-based tax that could be charged by business improvement districts while she was speaking at a Denver business event.

She claimed that "capitalism was built on stolen land, stolen labor, and stolen resources." She went on to suggest that these taxes might be collected from white-led enterprises around the city and then redistributed back to businesses that were owned by people of color such as blacks and browns.

What exactly are these things called "Business Improvement Districts"?

Business Improvement Districts (BIDs) can impose incremental tax increases, which are subsequently dispersed within a certain geographic region. These districts are administered by local business owners, citizens, and government officials. Despite the fact that a tax levy can be allocated to help underprivileged enterprises, the tax cannot be imposed on an individual based on the color of their skin. Even if the taxes being collected are "voluntary," doing so would be in violation of a federal statute, and the scheme being proposed by the 37-year-old does not provide an exception from this prohibition.

False assertions as well as criticisms

According to a representative for the City and County of Denver's Department of Finance, non-residentially assessed property owners located inside the BID are mandated to pay the additional taxes and fees; they do not have the option to opt out of this obligation. It has been contended by naysayers that this idea goes too far and that it is illegal to impose taxes on people based on their race. Additionally, the video of CdeBaca proposing the race-based tax got viral after being picked up by the Libs of TikTok page, which resulted in the video receiving more than 4 million views.

Various Obstacles Confronted by Other Communities

Even while the obstacles that black urban regions experience have been extensively chronicled, it's important to remember that other communities also have problems. It has been determined by the Appalachian Regional Commission that 38.6% of the counties in the Appalachian region, which have a population that is mostly white, are in a state of economic hardship. These drawbacks consist of higher geographic isolation, a reduction in the availability of public transit and health tests, as well as a shortage of physicians.

The freedom of speech and alternative media face challenges from powerful entities. Real Raw News relies on reader support to flourish and endure.

Kindly refrain from funding websites or channels that unlawfully duplicate our original content. We invest extensive time in verifying, researching, and crafting our work. Your contribution matters greatly. Every dollar aids in maintaining the site's vitality and assists the author, including covering medical expenses. https://gogetfunding.com/realnewscast/