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Home News Colorado Councilwoman Wants Reparations By Taxing White-Owned Businesses

Colorado Councilwoman Wants Reparations By Taxing White-Owned Businesses

Colorado Councilwoman Wants Reparations By Taxing White-Owned Businesses

( – White-owned companies should make up for the sins of slavery, according to a Denver city councilwoman who is up for reelection in a runoff election in June.

Democrat socialist Candi CdeBaca claimed during a business conference that the business improvement districts might impose a tax based on race.

9News first reported this. According to the U.S. Department of Transportation, local business owners, residents, and local government officials run a business improvement district. It can collect incremental tax increases spread over a particular geographic area.

According to CdeBaca’s remarks to the Greater Metro Denver Ministerial Alliance, “capitalism was built on stolen land, stolen labor, and stolen resources,” 9 News reported. “You could be redistributing those extra taxes to black and brown-owned businesses by collecting them from white-led businesses all over the city.”

Although a tax levy can support underprivileged enterprises, it cannot be applied to people based on their skin color. Federal law would make that unlawful, but the 37-year-old said this proposal would not be illegal because the taxes collected are “voluntary.”

According to spokesperson Courtney Meihls, “Non-residentially assessed property owners within the BID are required to pay the additional taxes/fees.” “It’s not optional.”

After being reposted on the Libs of TikTok page, CdeBaca footage went viral and received over 4 million views. This proposal has drawn criticism for going too far.

CdeBaca’s office issued a written statement claiming, “This is the third time CdeBaca has been targeted by a white nationalist mob, and this is part of a concerted playbook to harass, intimidate, and silence progressives and in particular, marginalized communities.”

However, groups in metropolitan areas of color are not the only ones who suffer. The Appalachian Regional Commission identified 38.6% of the counties in the region’s predominantly white counties as economically disadvantaged.

According to a National Library of Medicine article, these drawbacks include greater geographic isolation, a lack of public transit, and a shortage of physicians and health exams.

CdeBaca credits the San Francisco Legacy Business Program with inspiring her idea. The initiative has been redistributing monies to underprivileged communities since 2015.

However, the money is not obtained by taxing just white firms.

This is evil. This is wrong. This is racist.

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