NNPA NEWSWIRE — 58% of Black-owned businesses reported being financially distressed due to the COVID-19 pandemic. From February to April 2020, Black business ownership dropped by a crushing 41%. And although the total U.S. unemployment rate fell to 5.4 in July of this year, it remained a staggering 8.2 percent for Black workers. Which begs the question of why then are politicians even considering instituting economic policies that would harm Black-owned businesses, as opposed to helping them?
The post OP-ED: Don’t Raise Taxes on the Investments Black-Owned Businesses Depend On first appeared on BlackPressUSA.
