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Your model doesn't make sense? Don't worry, the MMT 4000 is coming to your rescue! First, take your braindead argument:

you could first fund reparations, and the subsequent tax revenue generated by spending would pay for the cost.

Then, gently apply one dose of MMT 4000 to the beginning of your argument:

Using modern monetary theory, you could first fund reparations, and the subsequent tax revenue generated by spending would pay for the cost.

And... that's it! You can now let your imagination go wild, without being bothered by the awful rigidity of orthodox models:

Using modern monetary theory, we can spend our way out of the climate crisis.
Using modern monetary theory, we can just create new jobs that pay for themselves when we need to.
Using modern monetary theory, an UBI doesn't have to be a transfer to childless, non-elderly, non-disabled households.

Thanks MMT!*

* MMT may not be right for everyone, consult your Fed chair if symptoms persist