Connect with us

Antonio‌ ‌Ray‌ ‌Harvey‌

Taxes on Wealthy Could Fund Reparations, Lawyers Tell Task Force

Two tax planning lawyers shared their perspectives on one of the ways to pay for the racial injustices suffered by Black Californians with the California Task Force to Study and Develop Reparations Proposals for African Americans. At the task force’s last two-day meeting held in San Diego on Jan. 27-28, the estate and tax planning attorneys Raymond “Ray” Odom and Sarah Moore-Johnson proposed several options to the nine-member task force for funding reparations through the federal tax code system — including an estate tax as a means to increase racial equity.

Published

on

Tax attorneys Raymond Brown and Sarah Moore-Johnson (center, talking to a reporter) testified at the last Reparations Task Force Meeting in San Diego on Jan. 28, 2023. The attorneys said reparations could be funded through a state estate tax. Photo by Antonio Ray Harvey.
Tax attorneys Raymond Brown and Sarah Moore-Johnson (center, talking to a reporter) testified at the last Reparations Task Force Meeting in San Diego on Jan. 28, 2023. The attorneys said reparations could be funded through a state estate tax. Photo by Antonio Ray Harvey.

By Antonio‌ ‌Ray‌ ‌Harvey‌
California‌ ‌Black‌ ‌Media‌

Two tax planning lawyers shared their perspectives on one of the ways to pay for the racial injustices suffered by Black Californians with the California Task Force to Study and Develop Reparations Proposals for African Americans.

At the task force’s last two-day meeting held in San Diego on Jan. 27-28, the estate and tax planning attorneys Raymond “Ray” Odom and Sarah Moore-Johnson proposed several options to the nine-member task force for funding reparations through the federal tax code system — including an estate tax as a means to increase racial equity.

The tax discussion, held about a month ago, was a lead-in to the task force’s next meeting in Sacramento focused on compensation and titled “Redressing the Harms Delineated in Report 1.”

That meeting will be held over two days, Friday, March 3 and Saturday, March 4 at the Byron Sher Auditorium at the California Environmental Protection Agency (CalEPA) headquarters, beginning at 9 a.m. both days.

Georgetown Law School tax law professor Dorothy A. Brown offers insight on how the tax code could benefit Black Americans. Photo courtesy of California Black Media.

Georgetown Law School tax law professor Dorothy A. Brown offers insight on how the tax code could benefit Black Americans. Photo courtesy of California Black Media.

Moore-Johnson kicked off her presentation at the San Diego meeting during a panel titled “The Forgotten 40 Acres: Repairing Wealth Disparity Using the Estate Tax and New Charitable Incentives.” She said, “the tax code has incentivized white wealth building for years,” and that she and Odom have now found a way to redistribute wealth through tax exemptions at the state level.

“For years, Ray and I intuitively understood that if we could harness those tax incentives to create a public-private partnership to help fund reparations we could get our wealthy clients to willingly enthusiastically embrace using their own money to pay for reparations,” Moore-Johnson said. “We believe that tax deductions should be allowed for private contributions to racial repair because individual taxpayers would be paying a debt of the federal or state government on the government’s behalf,” Moore-Johnson said.

Potential revenue sources, the attorneys say, could be the state estate tax, mansion tax, graduate property tax, and metaverse tax.

Johnson mentioned that the graduate property tax revenue would not apply to California because of Proposition 13, a law that restricts increases in the state tax code.

Odom and Moor-Johnson’s presentation was a condensed introduction to the wealth disparity resulting from chattel slavery and Jim Crow laws and the connection to wealth transfer and wealth taxation.

Odom, however, emphasized that their idea to use the tax code is intentional but it is not a manipulation of the federal tax system.

“I really think that it is so important to set the narrative — and that narrative isn’t around who’s getting something for nothing, but what we are going to do about this gross wealth disparity,” Odom said. “We need to solve this problem for all Americans, but especially for Black Americans.”

Odom — a Chicago estate and tax planning attorney who works at Northern Trust and conducts racial wealth disparity speaking engagements across the country — is a fellow of the American College of Trust and Estate Counsel (ACTEC). He is one of five Black tax attorneys among ACTEC’s 2,500 fellows.

Established in Los Angeles in 1949, ACTEC is a nonprofit association of lawyers and law professors skilled and experienced in the preparations of wills and trusts; estate planning; and probate procedure and management of trusts and estates of the deceased, minors and helpless.

Odom and Moore Johnson explained that the racial wealth gap started to expand in 1981 when Ronald Reagan was in office and the biggest tax cut in history took place. Odom said reparations would be an opportunity to replace “swollen wealth” with the “stolen wealth” of Black people.

Moore-Johnson, an estate planning lawyer, and a founding partner at Birchstone Moore in Washington, D.C., became president of the city’s Estate Planning Council three weeks after George Floyd was murdered in 2020. She is also an ACTEC fellow.

In March of 2021, during a national ACTEC meeting, Odom and Johnson came up with the idea of funding reparations for slavery through the estate tax. They started their research to better understand the history of slavery, post-slavery, reparations, and the wealth gap. Through their research, the duo learned that the racial wealth gap exists, partly, because of the way the federal tax code is set up.

Task force member Sen. Steven Bradford (D-Gardena) stated that the tax attorney’s recommendations provided a “clear road map” to reparations.

“All that said, I think it’s comforting, informative and powerful,” Bradford said after the tax attorneys’ presentation. “As a legislator, the takeaway is, we can afford it. This is a debt that’s owed.”

Dorothy A. Brown addressed the task force by teleconference and shared her views about reparations and the tax code. She is a tax professor at Georgetown Law and the author of the book, “The Whiteness of Wealth: How the Tax System Impoverishes Black Americans and How We Can Fix It.”

Brown’s literature goes to the core of how the complex federal tax system disadvantages the Black community and how it has helped white households secure more solid financial standing.

“Our tax laws as written have a racially disparate impact. Black Americans are less likely to gain access to their tax breaks than their white peers receive,” Brown said. “Therefore, (Black Americans) are more likely to pay higher taxes than their white peers.”

Brown told the task force that she supports a “wealth tax credit applicable to all taxpayers and households,” which would serve the majority of Black people and be available to all “regardless of race and ethnicity.”

“I want to be clear that I’m not providing tax advice or guidance for providing a possible analysis of any reparations payments,” Brown said. “I leave it to your tax council (economic experts) to make a final determination that you would rely upon moving forward.”

Activism

Black Caucus Members Join Legislative Democrats to Condemn Fatal Shootings by Federal Agents

Lawmakers expressed concern and outrage over the killings of Alex Pretti, a Veterans Affairs ICU nurse, and Renee Nicole Good, a poet, writer, and mother of three. Sen. Laura Richardson (D–San Pedro) spoke on behalf of the CLBC, criticizing federal immigration enforcement practices and calling for accountability.

Published

on

Sen. Laura Richardson (D San Pedro) spoke on behalf of the California Legislative Black Caucus at a Jan. 26 news conference condemning the fatal shooting of Minneapolis nurse Alex Pretti and other civilians by federal immigration agents, including U.S. Customs and Border Protection and ICE, in Minneapolis, Minnesota. (Screenshot)
Sen. Laura Richardson (D San Pedro) spoke on behalf of the California Legislative Black Caucus at a Jan. 26 news conference condemning the fatal shooting of Minneapolis nurse Alex Pretti and other civilians by federal immigration agents, including U.S. Customs and Border Protection and ICE, in Minneapolis, Minnesota. (Screenshot)

By Antonio Ray Harvey, California Black Media

Led by Assembly Speaker Robert Rivas (D–Salinas) and Senate President Pro Tem Monique Limón (D–Santa Barbara), California Democratic lawmakers, including members of the California Legislative Black Caucus (CLBC), held a news conference in Sacramento on Jan. 26 to address recent fatal shootings of civilians by federal immigration agents in Minnesota and California.

Lawmakers expressed concern and outrage over the killings of Alex Pretti, a Veterans Affairs ICU nurse, and Renee Nicole Good, a poet, writer, and mother of three.

Sen. Laura Richardson (D–San Pedro) spoke on behalf of the CLBC, criticizing federal immigration enforcement practices and calling for accountability.

Richardson, who said she was previously married to a police officer, argued that Immigration and Customs Enforcement (ICE) and U.S. Border Patrol agents are not “making sure lawful activity is occurring.” She invoked the words of civil rights leader Dr. Martin Luther King Jr. to condemn what she described as public silence in the face of injustice.

“We are Californians. We are Americans, and we will not be silent. We will be here every time, every day, until this stops,” Richardson said.

Assemblymember Mark González (D–Los Angeles) recalled the names of people who were allegedly shot in January during enforcement operations involving ICE or U.S. Border Patrol agents.

On New Year’s Eve, Keith Porter Jr., 43, was allegedly shot and killed by an off-duty ICE agent in Northridge, Los Angeles. Authorities said the confrontation occurred outside an apartment complex after the agent alleged Porter fired celebratory gunshots into the air.

“What’s been happening there is not isolated. It’s part of a dangerous pattern of federal power turning inward on the people it claims to serve,” González said.

Following the news conference, Democratic lawmakers announced a slate of legislative proposals to increase oversight and limit state law enforcement’s involvement in federal immigration enforcement.

During the briefing, Rivas described the fatal incidents as an “assault on the American right to life” and characterized federal agents’ actions as a form of “out-of-control violence.”

On Jan. 6, Assemblymember Isaac Bryan (D–Ladera Heights) introduced Assembly Bill 1537, titled “Peace Officers: Secondary Employment.” The bill would prohibit California peace officers from taking secondary employment, contract work, or volunteer roles with the U.S. Department of Homeland Security (DHS), its contractors, or any entity involved in immigration enforcement.

“Right now, California’s law enforcement officers can take second jobs with ICE,” Bryan, a member of the CLBC, wrote in a Jan. 27 Instagram post. “AB 1537

Continue Reading

Activism

At Sac Summit, California African American Chamber of Commerce Shows Growing Clout; Lays Out Top Goals

With the theme “Driving Equity Through Economic Innovation,” discussions at the CAACC summit focused on the intersection of policy and commerce, aiming to widen access to California’s economic landscape for historically underfunded communities.

Published

on

The AI and Business moderator and panelists at CAACC's 2026 Economy Summit. Shown left to right: Vic Baker, Equitify; Cathy Adams, President and CEO of the Oakland African American Chamber of Commerce; Kevin Harbour, BizFed Institute; Ahmad Holmes, CAACC President and CEO; Sarah Harris, Black Business Association; Angela Shell, California Department of General Services; Edwin Lombard, ELM Strategies; Christine Shelby, Digital Strategist, Sacramento Observer; and Patricia Watts, CAACC Chairperson. CBM photo by Antonio Ray Harvey.
The AI and Business moderator and panelists at CAACC's 2026 Economy Summit. Shown left to right: Vic Baker, Equitify; Cathy Adams, President and CEO of the Oakland African American Chamber of Commerce; Kevin Harbour, BizFed Institute; Ahmad Holmes, CAACC President and CEO; Sarah Harris, Black Business Association; Angela Shell, California Department of General Services; Edwin Lombard, ELM Strategies; Christine Shelby, Digital Strategist, Sacramento Observer; and Patricia Watts, CAACC Chairperson. CBM photo by Antonio Ray Harvey.

By Antonio‌ ‌Ray‌ ‌Harvey‌, California‌ ‌Black‌ ‌Media‌

In step with its commitment to drive economic growth, equity, and wealth creation for African American businesses in the Golden State, the California African American Chamber of Commerce (CAACC) held its third annual California American Economy Summit at the Kimpton Sawyer Hotel in Sacramento on Jan. 28.

Organized by CAACC President and CEO Ahmad Holmes, along with CB Communications, members and the board of directors of the statewide organization shared the group’s current priorities and talked about its growing influence across California.

“This is about all of the information we are gathering for our CAACC membership that trickles down to all the chambers across the state,” said Chairperson Patricia Watts, who is also the proprietor of Cerritos-based FCI Management, an energy and water consulting firm.

“The idea is that we are one voice — especially when it comes to policy issues and information sharing. We’re only stronger if we work together,” Watts said, speaking about the CAACC’s growing influence.

With the theme “Driving Equity Through Economic Innovation,” discussions at the CAACC summit focused on the intersection of policy and commerce, aiming to widen access to California’s economic landscape for historically underfunded communities.

The agenda included plenary sessions with topics covering building economic power through artificial intelligence (AI), strengthening Black businesses, increasing state contracting opportunities and cross-sector collaboration to drive business growth.

“We’re grateful for all the entrepreneurs that were here, all the corporate leaders, the policymakers, investors, and community champions all in one single room,” Holmes said.

Gov. Gavin Newsom delivered a video message opening the summit.

State officials like California State Controller Malia Cohen and State Treasurer Fiona Ma also attended.

Ma participated in a fireside chat with Regina Brown Wilson, the Executive Director of California Black Media (CBM).

Their conversation focused on economic development, infrastructure investment, and fiscal stewardship aimed at driving long-term growth in California. In addition, Ma shared insights into state-level initiatives to expand access to capital and support the growth of small businesses for underserved entrepreneurs.

Closing out the event, Toks Omishakin, California secretary of the State Transportation Agency; Danetta Jackson of the Department of General Services; and former Major League Baseball player and 2022 World Series–winning manager Dusty Baker were honored with community recognition awards.

Derek Smith, a CAACC board member who chairs both the Audit Committee and the Political Action Committee, said the organization continues to expand its membership, raise its profile, and execute a strategic plan to reach every region of the state.

“This summit is the best one I’ve ever been a part of. We are becoming a force, and I think the state has been waiting for someone to step up,” Smith says.  We had a few chambers out there, but we’re finally stepping in and taking control. We’re going to lead for as long as we can.”

Continue Reading

Antonio‌ ‌Ray‌ ‌Harvey‌

$96 Million Allocated So Far to Black-Owned Firms as High-Speed Rail Project Expands Jobs, Boost Local Economies

Sen. Lola Smallwood-Cuevas (D-Los Angeles), a member of the California Legislative Black Caucus (CLBC) and Chair of the Senate Committee on Labor, Public Employment and Retirement, says the rail project “is exactly the kind of investment” California needs.

Published

on

San Joaquin River Viaduct, completed in February 2021, is a 4,700-foot structure in north Fresno spanning the San Joaquin River and Union Pacific tracks along SR 99. Featuring arches as Fresno’s northern gateway and a pergola that carries high-speed trains over the rail line, it stretches from the river to near Herndon Avenue.
San Joaquin River Viaduct, completed in February 2021, is a 4,700-foot structure in north Fresno spanning the San Joaquin River and Union Pacific tracks along SR 99. Featuring arches as Fresno’s northern gateway and a pergola that carries high-speed trains over the rail line, it stretches from the river to near Herndon Avenue.

By Antonio‌ ‌Ray‌ ‌Harvey‌, California‌ ‌Black‌ ‌Media‌

As of May 31, the most recent data from the California High-Speed Rail Authority shows that 47 African American-owned firms are participating in the project as Disadvantaged Business Enterprises (DBEs).

A total of 936 Certified Small businesses are working on the high-speed rail program statewide, representatives of the high-speed rail project say.

The number of Black-owned DBE firms (5.2%) accounts for $96 million of the $1.136 billion allocated to minority firms thus far.

Sen. Lola Smallwood-Cuevas (D-Los Angeles), a member of the California Legislative Black Caucus (CLBC) and Chair of the Senate Committee on Labor, Public Employment and Retirement, says the rail project “is exactly the kind of investment” California needs.

Smallwood-Cuevas, speaking in Aug. 25 at the State Capitol Swing Space Annex — along with a coalition of Democratic state legislators and union leaders — provided an update on the California High-Speed Rail project and its efforts to employ people from the Black community and businesses.

“It builds a cleaner, more connected California while creating thousands of union jobs,” said Smallwood-Cuevas.  “And we must ensure workforce equity, with pathways that open doors for workers who too often have been left out of good-paying careers.”

The remaining DBE minority-owned firms received the following amounts:

  • Asian Subcontinent: 24 firms received approximately $65 million
  • Asian-Pacific Islander: 52 firms received approximately $86 million
  • Native American: 6 firms received approximately $39 million
  • Hispanic/Latino: an unspecified number of DBE businesses received approximately $848 million

There are currently 328 certified DBEs participating in the project, according to the California High Speed Authority. The multi-billion-dollar project is billed to be committed to small, disabled, disadvantaged, and diverse businesses playing a major role in building the statewide high-speed rail project.

“As a Central Valley native, I know firsthand how transformative high-speed rail will be for our communities,” stated Assemblymember Lori D. Wilson (D-Suisun City) a member of the CLBC and Chair of the Assembly Transportation Committee.

“Stable and sustained funding is essential to delivering this project and fulfilling the promise made to voters.”

The news conference was hosted by Senate Transportation Chair, Sen. Dave Cortese (D-San Jose), who was promoting Senate Bill (SB) 545. He and the California High-Speed Rail Authority (CHSRA) urged the Legislature to commit to a steady, annual investment from a cap-and-trade program to fund the high-speed rail project.

Dr. Melanie Okoro, the Principal and Chief Executive Officer of Eco-Alpha, attended the briefing. Eco-Alpha is a Sacramento-headquartered small, women-owned, minority-certified firm.

The company, not classified as a DBE, earned its status as a certified small business and a certified women-minority small business through the California Public Utilities Commission (CPUC) and the Department of General Services (DGS). The certification allowed Eco-Alpha to be featured by CHSRA as a small business working on the project.

The Black-owned firm provides engineering and environmental services to the California High-Speed Rail project, primarily focused on facilities operation and Maintenance.

Okoro said laborers are not the only workers benefiting from the project. Professionals of color in engineering, with specialized knowledge and problem-solving skills to design, build, and maintain a wide array of structures, systems, and products, are looking forward to these “great opportunities.”

Continue Reading

Subscribe to receive news and updates from the Oakland Post

* indicates required

CHECK OUT THE LATEST ISSUE OF THE OAKLAND POST

ADVERTISEMENT

WORK FROM HOME

Home-based business with potential monthly income of $10K+ per month. A proven training system and website provided to maximize business effectiveness. Perfect job to earn side and primary income. Contact Lynne for more details: Lynne4npusa@gmail.com 800-334-0540

Facebook

Trending

Copyright ©2021 Post News Group, Inc. All Rights Reserved.