Black Californians may be owed $800bn in reparations, economists tell state

Taskforce says it will not take a stand on how much compensation residents should receive

The leader of California's first-in-the-nation reparations taskforce on Wednesday said it would not take a stance on how much the state should compensate Black residents whom economists estimate may be owed more than $800bn for decades of over-policing, disproportionate incarceration and housing discrimination.

The $800bn is more than 2.5 times California's $300bn annual budget and does not include a recommended $1m per older Black resident for health disparities that have shortened their average lifespan. Nor does the figure count compensating people for property unjustly taken by the government or devaluing Black businesses, two other harms the taskforce says the state perpetuated.