LEADERSHIP
Black Tax: Reason We
Work Hard But Remain
Poor!
By George Mbithi
"In an ideal society, the normal
understanding should be that a
child is not an investment. There
should never be any financial ex-
pectations on a child. Parents
need to arrange their lives such
that they have enough to pro-
vide for their kids and retire into.
There should not be any obli-
gation on a child to provide for
the parent. It only follows, then,
that parents should only have as
many children as they can pro-
vide for without depleting their
own resources for retirement."
"According to Urban Dictio-
nary, Black Tax is a term used
to mean the extra money that
black professionals are ex-
pected to give every month to
support their less fortunate
family and extended families.
The same dictionary contin-
ues to explain that the bur-
den of black tax causes finan-
cial distress to middle class
(black) professionals as they
usually have no savings left
after having to share their sal-
aries with the entire family."