The Black Tax: The Cost of Being Black in America with Shawn Rochester
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- Опубліковано 2 лип 2024
- In his new book, Shawn Rochester shows how The Black Tax (which is the financial cost of conscious and unconscious anti-black discrimination), creates a massive financial burden on Black American households that dramatically reduces their ability to leave a substantial legacy for future generations. Mr. Rochester lays out an extraordinarily compelling case that documents the enormous financial cost of current and past anti-black discrimination on African American households.
I like your research, everything you are saying is true, my parents worked on a plantation in Itta Bena, Mississippi, we finally were able to move after my father rented a house and land from a black woman who was part of the economic governmental project, it was hard financially for my parents. I often think about the Arabs in Michigan, who came over from their countries and were exempt from paying taxes for 7 years, then after the end of the 7 years, they would turn their businesses over to their cousins. They had an economic advantage. More research is needed in this area. I am too old now, but I am proud of you!
This is unbelievably important. How does this video not have millions of views? Smh.
This Video is an eye opener. Every caucasian person who grew up thinking that Black people were given the same opportunities should watch this.
This was the most informative lecture.....putting financial context around systemic racism. I’ll share this as much as i can.
What is said in video is so true it's also evident by the lack of comments
Mr. Rochester is right on point. I learned some new things, was reminded of some other things, and heard some things I’ve been saying since 1986. As a financial advisor, I know exactly what the insurance agent was talking about. Until we understand the importance of leaving a legacy and creating generational
wealth we will forever be playing catch-up.
As the saying goes "The Numbers don't Lie!"...this is like that part in the Matrix movie where Morphius shows Neo the REAL world and the utter denial that follows! Why do we keep trying? Everytime u build the house they burn it down!!! But with ALL we have been through...I think we are doing damn good! Everytime they burn it down, we rebuild it bigger and brighter! Because let NO man break apart what GOD has put together! Good book my Brother...i will be purchasing one at full price!
This young man brings a fascinating topic to the table that absolutely needs inspection.
Shawn Rochester's approach is profound. Blacks that move out of the hood go to where there's ample resources because there's more opportunities. The "hood" wasn't designed by us. This is an excellent point.
This event was outstanding. We need to hear more information like this. Maybe in think-tanks. All I know is that more discussions need to happen around the topics that were highlighted at this event. Great job, I'm glad that I came across the video on UA-cam.
Wow yes you are absolutely correct about home ownership,,, it’s awful
You got add up how much prison labour brings in and how much is generated from law enforcement of backs blk inmates
I wish all white ppl who say I do not have a racist bone in my body would watch this video. Kudos to Mr. Rochester for this amazing presentation.
Makes me want to cry!!!!!
This presentation is mind blowing
Thank you for posting. Another book added to my reading list.
Mr. Shawn Rochester. THANK YOU ,,,I hope these people are listening and go on an redistribution of the Wealth ,,,we built this country,, all we get is A jail cell
Brilliant man absolutely brilliant.
It's So important to so important to stick together and take care of homeit can be done they need us more than we need them.
Beautifully explained I've learned a lot thank you.
edison had black "designers" not so sure the innovations that are patented arent stolen?
nikola tesla may agree
Wicked 🔥
This is very interesting quantifying a well known backlog.
I believe we will catch up. All is well in time.
Very informative.
Very good information and delivery
I thought this was a real thing glad to see someone discussing it with an academic background. Thanks for putting this together
Excellent presentation.
Very useful lecture for learning economic reality in terms both black and white Americans....
This was amazing well done and informative.
Thank you so much for sharing. I want to purchase your book. I remember you speaking at the Elevate Influencer webinar about The Black Tax.
AWESOME VIDEO IM GOING TO SHARE
Great information brother.
This presentation was absolutely educational and informative. I'll add Mr.Rochester's book to my list of must-reads.
Amazing lecture thank you for this!
Great info.
Shared and subscribed.
Great informative lecture.
awesome April wish you do more video this
Thank you for quantifying the problem in financial terms. I believe the whites know all this it is just us black people who did not know it. The gini is out of the bottle for blacks and now we have to present a coherent informed solution supported by figures. Of course the whites will argue and minimize the economics loss to blacks. The whites know all these and even more......thank you!!!!!
Why didn't I learn this in H.S. in my History, World History, Government class🤨🤨😤😤😡😡🤬🤬!!! This is Systemic Annihilation of human life in America. SMFH
you are very amazing intelectual
Definitely added more details to my knowledge of the theft of black (ADOS) wealth. His economic expertise needs to be combined with the political savy of the #ADOS group such as Dr. Dahrity, Yvette Carnel etc.
Thanks Shawn for a nice presentation and history lesson. It would be nice if you touch off on how folks became slaves, where the origins began in Africa, who brought them over, what African nation allowed that to happen, etc. Did they volunteer than told a different story once they got to America? I'd really like to know that information.
👍👍👍👍
We have to teach business ownership as slaves the dream was to work for money not have money work for them in a capitalistic environment no wonder
Economic impact on PATENTS and innovations these white supremacy have STOLE from Black people is just artrochise ,,, this conversation should have been had years ago
This Brother was dropping actual quantitative economic facts but most of these children were looking for the easy way out. SMDH
This was the most informative lecture.....putting financial context around systemic racism. I’ll share this as much as i can.