Trump Announces Platinum Plan, $500 Billion for Black-Owned Businesses

If people aren’t aware-not you specifically-“opportunity zones” or whatever they’re calling them now are just tax breaks. Like you don’t have to pay taxes for the first five years or ten or whatever. Where it immediately falls down and breaks its knees attempting to leap the first hurdle is that big chains won’t put stores in the hood and small businesses don’t have to claim a profit on paper for five years anyway, so there’s no immediate incentive.

Yep I’m very curious to see how his base reacts to this.

They are probably struggling mightily

And to tell them if they’re black or not, and call them uncle toms, race traitors and worse if they don’t do what they’re told.

And that’s just joe biden…

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Yes…and why it’s threat to democrats.

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Tell it to the street rioters.

You talk that Democratic plantation talk as much as anyone.

Also, literally no one says Uncle Tom anymore except white conservatives. This is not 1987. More likely to call a shuck and jiver like Candace Owens “Uncle Ruckus,” though in her defense she doesn’t believe any of this ■■■■■ she’s just a grifter.

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Exactly and it’s a break on capital gains. If an investor doesn’t think it can make a return, they won’t place the business.

The only way to make a return in the hood is to turn the hood into a not so hood. Thus gentrification is born

It would appear any attempt to help the black nation is to be met with criticism.

Of course any lack of attempt to as well.

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Lowest

By Trump? You betcha

No…depends on the motive behind the attempt.

Do you think this is pandering?

No, it was the highest increase in household income.

Census Bureau Report on 2019 Household Income

Exactly and they’ve been trying to do this since crack hit the hood like a nuclear bomb. And where I live, both the city and the county both have agencies that are directly charged with urban revitalization (we had the first urban redevelopment plan in American history) and even real and serious benefits like we will literally give you a building to open your business that we seized for back taxes didn’t even work.

And today it’s the lowest

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2020 numbers won’t come out until this time next year.

You were saying…

daily beast and cnn employing a lot of white conservatives throwing out race-baiting taunts??

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Clumsy, empty pandering.

Abolish a law that already did this with an EO that has no mechanism for keeping the promises outlined in it.

And Trump supporters applaud.

Offer a “ Platinum Plan” proposal which if enacted would essentially require reparations (well it would BE reparations) because if not no funding or legislative mechanisms exist to make the promises a reality.

And Trump supporters applaud.

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The $500B is for black-owned businesses, not convincing corporations to move into “the 'hood”.