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Publisher's Summary

While Black Americans have long felt the devastating effects of anti-black discrimination, they have often had great difficulty articulating and substantiating both the existence and impact of that discrimination to an American public who is convinced that it no longer exists. Professionals in academia, the media, and the business community, along with people in the general public have struggled to explain the significant and persistent gaps (in wealth, employment, achievement and poverty) between Black and White communities in what they perceive to be a post racial America. 

In his new book The Black Tax: The Cost of Being Black in America, 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 which documents the enormous financial cost of current and past anti-black discrimination on African American households. 

The Black Tax, provides the fact pattern, data and evidence to substantiate what African Americans have long experienced and tried to convey to an unbelieving American public. Backed by an exceptional amount of research, Mr. Rochester not only highlights the extraordinary cost of the discrimination that African Americans currently face, but also explores the massive cost of past discrimination to explain why after 400 years Black Americans own only about 2% of American wealth. He then establishes a framework that Black Americans and other concerned parties can use to eliminate this tax and help create the 6 million jobs and 1.4 million businesses that are missing from the Black community.

©2017 Shawn D. Rochester (P)2020 Shawn D. Rochester

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  • Ezra
  • 06-11-2020

Powerful Statistical & Historic Truth on Black Economic State in America

Excellent comprehensive analysis on the economic state Afro Americans in the United States. As an Afro American male, late 30s, I have mostly seen a large wealth gap (my family included) between blacks and whites and have always wondered to myself, why this is the case. Mr. Rochester provides the analytical and statistical evidence proving the plight of the Afro American is the direct result of systemic and intentional explicit and implicit anti-black bias, leading to The Black Tax designed to financially and politically disempower blacks from having any real wealth nor power.

To think that the collective black person’s defeated position has been controlled and undermined simply because of the pigmentation of one’s skin is a depressing ‘nightmare reality’ for more than half of millennium. (Slavery goes beyond 400 years, hint Papal Bulls)

Despite these historical and statistical facts, I strongly believe we can overcome these challenges with a concentrated effort towards wealth accumulation guided by Mr. Rochester’s solutions. We have to be intentional and focused, because the agenda is real to keep blacks down below the 2% market share in every single wealth accumulation category. (There are news articles circulated with the past 5 years suggesting that Blacks will have zero to negative net worth by the year 2053)

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  • W2
  • 09-03-2021

Knowledge is Power

This book provides scientific statistical proof and results of economic racism in America. Come to this book for indisputable facts both historical and current. Our 30-something son said of this book that it what his generation needs to be armed with to have conversations with the complacent. 90% of the book covers how we got here 10% how to change it. The change part is simple PHD and SOUL. It’s an eye-opener. I especially like the explanation for how banks stimulate the economy and how little it would take to position Black-owned banks to better Black businesses investments communities therefore the country.

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  • tonia bledsoe
  • 12-11-2020

Awesome Read, Get your PHD

This book provides a wonderful fact based summary of the historic events that is the Black Tax, its economical impacts, and the capital and tools we have within our community to overcome the wealth gap suffered by Black Americans. Get your PHD and equip your sphere of influence and the next generation.

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  • Amazon Customer
  • 11-11-2020

Eye Opening!

This is a must read book to learn how Black Americans have been held back and how Black Americans can move forward.

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  • DIY manAmazon Customer
  • 02-05-2021

A great book that is moving, and informative.

this book rarely gets bogged down in numbers, although it does have them. good read

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  • Anonymous User
  • 28-04-2021

very informative

I was very impressed with the data presented in the book. I need to go back and read / listen to the 1st book in the series.

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  • Delacie smith
  • 28-04-2021

Very informative and mind boggling!

I love the fact that actual percentages were included in his studies to give an accurate description everything that’s discussed. Definitely would recommend!

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  • Katherine Parsons
  • 27-04-2021

must read and super informative

I would encourage every American to read this book especially if you consider yourself to be anti-racist.

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  • Alpha Male
  • 22-04-2021

Eric

Great read! Will make you rethink how you purchase, hire, and deposit into our community!

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  • Fred
  • 20-04-2021

Very Enlightening

Reveals a lot of the costs that people don't typically consider. Would be very informative for all who are willing to accept the information.

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  • JazzO
  • 15-12-2020

Informative, insightful and practical 👏

I would highly recommend this book to anybody who is interested in supporting the black community. The book offers insightful information and practical solutions to encourage economic empowerment within the black community. I am glad I bought this book.

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