California

California has come up with a way to use a wealth tax based on income. There will be a surcharge on utilities based on income. The more you earn the more you pay. Under the utilities' joint proposal, income-based fixed charges for households with annual incomes between $28,000 and $69,000 would be $20 to $34 per month. Those earning between $69,000 and $180,000 would pay $51 to $73 per month, and those earning more than $180,000 would pay $85 to $128.Feb 7, 2024 The problem with this is that the state income tax bureau will let the utility company know what your income is and this threatens privacy. It would be easy for hackers or unscrupulous employees to leak income data and most people prefer to keep this private.