Going for Broke: California’s Reparations Tax Force Ups Potential Payouts to $1.2M Per Person

California’s reparations task force is considering its most generous recommended payouts yet, including up to $1.2 million for some longtime black residents.

The task force laid out the latest numbers in a draft plan that members will discuss at their monthly meeting on Saturday. According to the report, based on input from economic advisers, the payment projections are an “economically conservative initial assessment.”

Launched in 2020 at the height of the Black Lives Matter fervor, the state-appointed panel has mooted a series of wildly expensive plans to compensate black residents for slavery and racism. Meanwhile, a few high-profile members have sought to downplay expectations of any actual cash reparations from the deeply indebted state.

READ THE FULL STORY: https://freebeacon.com/california/california-reparations-1-2-million/