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Reason
Reason
Environment
Ronald Bailey

California's Latest Tax-the-Rich Scheme: Electric Bills Based on Income

Electric power customers typically pay more if they use more. Under a new law, customers of California's three largest private utilities will be charged a fixed fee based on their incomes, not just how much power they use. The chief motivation behind this scheme is to provide some relief to low-income customers who are being hammered by escalating electricity rates as the Golden State transitions from fossil fuels to wind and solar power.

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