Quoted:
A black that was entitled to the 40 acres and a mule would have died and his offspring would have inherited the land.
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Hey you just hit gold there!
The [b]Inheritance Tax[/b] MUST be taken into consideration if today's children of children of children of children of slaves are asking for what was supposedly owed to their great-great-grandparents.
After four generations of descendants and after taking the typical 50% cut of the wealth passed down from each generation that comes out to be about
0.5 x 0.5 x 0.5 x 0.5 = 6.25% of what was promised to the original generation of freed slaves.
That's the equivalent of 2.5 acres of land and 75lbs of Mule meat. So at about $500/acre (undeveloped, no util., etc) and say $1.50/lb mule meat that comes to about $1,362 per [s]black[/s] African American descendant of slaves.
With about 38million (13% of US pop.) [s]blacks[/s] African American descendants of slaves living today (assuming ALL [s]blacks[/s] African Americans are slave-descendants) that comes out to about a [b]$51 Billion dollar[/b] slave reparations payout TOTAL for all African Americans in this country.
HOWEVER, considering that the a large portion of the three trillion dollar "great society" boondoggle was earmarked for "affirmative action" to make up for past racial sins of America, we must subtract about [b]400 BILLION dollars[/b] (13% of $3T) from the total slave reparations payout.
So that's:
$51 billion slave reparations payout.
-$400 billion "great society/affirm.action" expenditures.
-----------------
-$349 billion difference
This means that the [s]blacks[/s] African American descendants of slaves in the US actually [b]OWE[/b] the US Gov't [b]$349 BILLION dollars[/b].
[b]This means that each and every [s]black[/s] African American in this country OWES Uncle Sam about [red]$9,184[/red]!![/b]
[b]Okay Russell... DANCE! [pissed][/b]