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In the teaching of economics, to measure the effect of changes to the economy, you introduce one new factor and assume all other things stay the same. Multiple factors come into play in real life, and seemingly unrelated things cause ripples through the economy. After the enslavement of Black people ended in 1865, the American economy grew substantially in the north due to increased industrialization. There was initial turmoil with the theoretical loss of enslaved people in the south, but in reality, southern legislators enacted the Black Codes.

The Black Codes reimplemented slavery as best they could under the law. Mississippi and South Carolina issued the first Black Codes. In Mississippi, former slaves were required to show proof of employment each January. Suppose they left their employment before the end of the year. They would forfeit their wages and become subject to arrest. In South Carolina, if Black people worked in any other occupation besides farmer or servant, they were subject to an annual tax. Failure to pay would lead to forced servitude on a plantation. Black people were unable to own guns and knives.

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NEW YORK, NY — Whether New Yorkers will get a look at Mayor Eric Adams' full tax return has become as cryptic as, well, the tax code.

The mayor — who last week refused to commit to publicly releasing his tax returns, as is tradition — finally promised Tuesday he would release "tax information," but wouldn't say whether that means he'd follow suit of previous mayors and put out his full returns.

"Now, remember, I'm not required. Let's get that clear," Adams said when asked at an unrelated press conference on Staten Island. "We will release tax information."

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FELLOW NY'ERS ERIC ADAMS IS CORRUPTED

Mayor Eric Adams has declared “there is nothing more important” to him than transparency, but when it comes to thorny issues like his personal taxes or potential conflicts of interest within his administration, his record to date is cloudy.

 

Last year THE CITY noted that tax forms he’d filed with the IRS in prior years raised questions about whether he’d improperly written off repairs to his personal apartment. In response, he promised to file amended forms and make them public to clear the air.

To date he’s provided no evidence that he did that.

 

Then THE CITY discovered he’d failed to file the required gift tax form over a co-op he claimed he’d “gifted” years ago to a friend. Again he vowed all the required paperwork would be mailed out to the IRS pronto and disclosed to New Yorkers.

Again he’s released no proof that he did what he promised to do.

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