Jill on Money with Jill Schlesinger

The Whiteness of Wealth Part One

The Whiteness of Wealth Part One

Jill on Money with Jill Schlesinger - May 22, 2021 - 16:15

Our guest this weekend, Dorothy A. Brown, became a tax lawyer to get away from race. As a young black girl growing up in the South Bronx, she’d seen how racism limited the lives of her family and neighbors. Her law school classes offered a refreshing contrast: Tax law was about numbers, and the only color that mattered was green. But when Brown sat down to prepare tax returns for her parents, she found something strange: James and Dottie Brown, a plumber and a nurse, seemed to be paying an unusually high percentage of their income in taxes. When Brown became a law professor, she set out to understand why.In her recently released book, The Whiteness of Wealth, Brown draws on decades of cross-disciplinary research to show that tax law isn’t as color-blind as she’d once believed. She takes us into her adopted city of Atlanta, introducing us to families across the economic spectrum whose stories demonstrate how American tax law rewards the preferences and practices of white people while pushing black people further behind.From attending college to getting married to buying a home, black Americans find themselves at a financial disadvantage compared to their white peers.The results are an ever-increasing wealth gap and more black families shut out of the American dream.Have a money question? Email me here.Please leave us a rating or review in Apple Podcasts."Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

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Am I Okay Using a Robo-Advisor?

May 21, 2021 - 13:52
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Next Episode

The Whiteness of Wealth Part Two

May 23, 2021 - 11:54
Our guest this weekend, Dorothy A. Brown, became a tax lawyer to get away from race. As a young black girl growing up in the South...

About The Show

Host Jill Schlesinger, CFP®, tackles sometimes uncomfortable and even controversial money and investing issues, without the financial jargon, to get to the heart of what’s important for anyone to know. Jill takes listener phone calls and interviews informative and entertaining guests each week to uncover surprising insights and provide actionable information so you can make the most of your money. Have a question? Email us at askjill at jillonmoney dot com.

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Jill Schlesinger
Jill Schlesinger