Denver councilwoman proposes taxing ‘White-led businesses’ as reparations to support minority enterprises – By Thomas Phippen (FOX Business) / May 6, 2023
Denver City Councilwoman Candi CdeBaca says reparations needed to repair the harm of ‘this entire economy’
A Denver city council representative seeking re-election proposed taxing “White-led businesses” and redistributing the wealth to minorities as reparations for the harm of capitalism.
“Capitalism was built on stolen land, stolen labor and stolen resources. And a check today could not undo the cumulative impact of generations of that stolen wealth in all of those categories,” Denver councilwoman Candi CdeBaca said during a political forum Friday.
CdeBaca said there were existing structures “that could be flipped” to compensate for land, labor and resources allegedly lost due to racism.
The forum was hosted by The Greater Metro Denver Ministerial Alliance — an organization of Black clergy dedicated to civil rights and social justice — and included several candidates seeking to represent a district that includes part of the historic downtown Denver area.
