The Black Tax: The Cost of Being Black in America with Shawn Rochester

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.

[minniegilmore]

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!

[michellesimpsons]

This Video is an eye opener. Every caucasian person who grew up thinking that Black people were given the same opportunities should watch this.

[michaeloxendine]

This is unbelievably important. How does this video not have millions of views? Smh.

[remonel]

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.

[MoonLightOnWater]

This was the most informative financial context around systemic racism. I’ll share this as much as i can.

[ejsam]

What is said in video is so true it's also evident by the lack of comments

[cedricmyles]

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.

[boomerang]

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.

[rrasin]

This young man brings a fascinating topic to the table that absolutely needs inspection.

[lillieholmes]

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

[bobjones]

You got add up how much prison labour brings in and how much is generated from law enforcement of backs blk inmates

[TheGlamazon]

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 YouTube.

[lillieholmes]

Wow yes you are absolutely correct about home ownership, , , it’s awful

[frankzheng]

I thought this was a real thing glad to see someone discussing it with an academic background. Thanks for putting this together

[bipulshahid]

Very useful lecture for learning economic reality in terms both black and white Americans....

[zinemeki]

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

[kimdixon]

Beautifully explained I've learned a lot thank you.

[WordOfLife]

Thank you for posting. Another book added to my reading list.

[kimdixon]

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.

[victoriaolekaibe]

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