Here's what California's radical reparations plan will cost taxpayers - Pacific Research Institute

Here’s what California’s radical reparations plan will cost taxpayers

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Much of the discussion surrounding the push for reparations in California, New York and cities like San Francisco center on the historical justifications for mass payouts. Yet, as the ancient Greek philosopher and mathematician Pythagoras said, “Numbers rule the universe.”

Reparations proponents in California are quick to dismiss criticisms over cost. Reparations may not even come in the form of checks being mailed out, says state Sen. Steven Bradford, the leading legislative reparations proponent. The scope and eligibility, he argues, are yet to be determined.

California lawmakers are nonetheless moving forward. Recently, legislators introduced proposals that start implementing the recommendations of the State Reparations Commission. In one proposal, Bradford proposes that California spend $1.5 billion on reparations this year – at a time when the state is facing a $68 billion deficit – along with annual payments of 0.5% of the state General Fund, on what he calls a “down payment.”

Click to read the full article in Fox News.

Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.

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