America’s First Black Billionaire Calling for $14 Trillion in Reparations
Robert L. Johnson, America’s first Black billionaire, is calling on the federal government to pay reparations, saying over the last 200 years, “Black folks have been denied $13-15 trillion of wealth.” He urged lawmakers to pass a decades-old bill that would set the stage for reparations, HR 40, which would create a commission to study and develop proposals for reparations for descendants of slaves. Color Of Change President Rashad Robinson is quoted. “HR 40, when it’s passed, will not actually provide reparations for anyone, but what it will do is move us on the road to be more truthful and in direct conversation about what happened. We’re also seeing local communities have these conversations.”