Under the Democrats’ law, any online transactions totaling more than $600 annually will have to be reported to the IRS. If that’s not bad enough, the revenue from these new fees will be given to people with bad credit scores to lower their mortgage payments.īilling contract cities for sheriff’s services: Letters That’s right, under this new stupefying policy, individuals and families with high credit scores will pay a new fee on their monthly mortgage. The proposal is so outrageous, it punishes Americans for having a high credit score.

And if you think this income-based billing is going to stop with your electric bill, then you clearly haven’t been paying attention to Democrats in Sacramento.īack in Washington, the Biden Administration has rolled out a proposal that performs mental gymnastics to get around the President’s “pro-middle class” pledge. According to Edison, half of their ratepayers will see lower overall bills under this new fee and rate structure which means the other half of the ratepayers will not be so fortunate. These new income-based fees are not just for the wealthy – households earning between $69,000 and $180,000 will see a fixed cost fee of $51 on their bill every month, and those earning more than $180,000 will pay $85 a month. The fee, which is designed to pay for fixed utility costs, is in addition to the rate-based charges families are used to that are determined by their monthly energy usage. Those utilities just proposed a new income-based monthly fee topping out at $85 a month for Southern California Edison customers. Newsom signed into law Assembly Bill 205, requiring California’s private electric utilities to implement a new income-based fee and rate structure.

These Democrats have a funny way of protecting working families.Ĭalifornia has some of the highest electricity costs of any state in the country. Gavin Newsom proclaimed that “we don’t leave our workers behind” during his State of the State Address last year. President Joe Biden has repeatedly pledged to oppose any tax increase on households making less than $400,000 per year. Unfortunately for the working class, talk is cheap. and Sacramento love to talk about their support for the working class.

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