Melvin oliver and thomas shapiro make a case for as a proactive means of narrowing the wealth gap. residential segregation racially restrictive covenants asset-based social policy race-based channeling

Asset-based social policy

Asset based social policies facilitate savings and accumulation of financial assets for families that have low income.

Policies like residential segregation, racially restrictive covenants, race-based channeling deny equal opportunities of wealth building to people belonging to other races. Hence, they only serve to increase the wealth gap.

if you do not file your taxes you will not have a job, and you credit rate will go down.