Why is it?
In what sense am I discriminating against somebody on the basis of their skin colour?
You are deploying "racist" as a trump card, on the assumption that all debate automatically ends when you've played it. It is as nonsensical as when DF claims you are anti Semitic.
A fortnight ago Korean courts ruled against Japan and ordered them to pay compensation to the surviving "comfort women" (sex slaves) from world war II.
I wholeheartedly support that, because in this case restitution to victims is possible. There are quite a few actual victims still alive, and an apology and restitution is due. It won't happen unfortunately, but it is right in my view. To be honest, I would ve tempted to support (not that my support means anything) to some degree even it being paid to the children of victims, given the likelihood of psychological scarring affecting their lives.
But you are talking about compensation for events 150 years and maybe 7-8 generations ago.
I am open to listening to your arguments on this, but you aren't arguing; you are just calling me racist because I believe in a certain statute of limitations. Because I believe that compensation 8 generations hence is meaningless and because I don't regard people 7-8 generations on to be either victims nor perpetrators of slavery, OR Colonialism.
Germany has paid compensation to most of the countries they invaded in world war II. But that has been within living memory, with people still alive.
You are better than this but unfortunately you are just shutting down the debate and hiding behind an offensive label. I am open to being convinced, but you actually have to put a convincing argument out first.