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California Withdrawal  Form

California Withdrawal Form

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California is enacting a shocking new income redistribution scheme hello I'm Steve Forbes and this is what's ahead we get the insights you need to better navigate these turbulent times California is one of the most highest tax states in the country but millions of residents are in for a fresh jolt there'll soon be a sizable new charge on their electricity bills based on their income you heard that right a big part of your utility bill in the now tarnished Golden State will be determined not just by the amount of electricity consumed but also by how much money you earn it's a new income tax and it's combined with a novel income redistribution scheme the legislator passed this monstrosity a year ago and the state's three large utilities are working with the Public Utilities Commission to implement the scheme the quote income graduated fixed charges end quote involve four income brackets under $28,000 $28,000 to $69,000 $69,000 to $180,000 a

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