All right, now for the latest liberal lunacy.
Senator Bernie Sanders. Yes, the commie socialist from
Vermont, introduced the bill. It would establish a
32 hour workweek without any reduction in pay.
How generous of him. Problem is,
this would likely hurt a lot of small businesses.
We'll have more than that in a moment.
Meanwhile, out in the great state of California,
lawmakers there are proposing a surcharge on electricity bills
based off your income instead of usage.
Oh, I thought we treat people equally,
meaning the more you make,
the more you're going to pay for the same exact
energy.
Joining us now, he's the host of Kudlow on the
Fox Business Network.
Larry Kudlow is with us.
All right, so I'm reading this and I'm like looking,
looking at this.
They already have the highest paid,
the highest income taxes in the country.
Out in California, you see business after business after business,
leaving California the headquarters. And you can't blame them.
Why don't they just say,
all of you people that make money and create jobs
get out of our state because that's ostensibly what they're
they're doing anyway.
Yeah, Give it. Yeah. Give us your money.
Give us your money. I mean,
what's so wonderful about this
California thing? Is it it's not even tied to electricity
use.
It's just an income. It's an income tax increase.
And by the way, yes,
the upper end pays more,
but the stupid part of this,
and this is where there's going to be revolt.
You look at the numbers here,
Sean. The middle class is going to be charged significantly.
I I did the math here.
The middle class right now pays about
3200 bucks a year for their electricity bills.
That by the way, is at the highest in the
nation.
This would add about 1200 bucks it whether you consume
more or less electricity,
it's going to go on your bill.
It's almost a 1/3 increase on the middle class and
yeah,
up the income ladder it pays more.
This just it's not. It's not a carbon tax.
It has nothing to do with reducing.
In fact energy use may go up under this thing
in the certain cases.
And the whole problem in California is they don't have
enough electricity because renewables don't work.
They're not sustainable. They break down.
They're very expensive. They should use oil,
which they have a lot of.
They should use natural gas.
They could use coal. They could use nuclear power,
but they don't. So they don't.
You can't plug in your car if you have AEV
electric vehicle,
you can't plug it in because they're always brownouts and
blackouts of electricity.
This thing is just a
dumb middle class tax hike in California.
That's all it is. And then when they tax corporations
and then they sue,
corporations like the sue and oil companies,
who pays the bill for those expensive law firms that
have to defend themselves?
Wouldn't that be the consumer?
Larry, you're the. You're the expert.
Yeah, yeah. No, no, no.
That stuff gets passed along
all the time. And by the way,
that, you know, they're going to start losing stuff in
the courts.
I mean, they're not these mandates that California is making
up
that have never been adjudicated.
There are no congressional laws.
The state legislature may or may not pass this thing.
From what I gather, there's a tax revolt going on.
Look, this is dumb. And the Bernie Sanders 32 hour
workweek is Dumber or as dumb because there you've got
let's not work.
OK? Already the participation rate
among prime workers is at an all time low.
There's probably 10 million people outside the workforce that could
be producing and growing the economy and creating income.
So let's not work, Sean.
OK, Let's just hang around,
watch TV, play video games,
have a joint. Let's not work.
How dumb is that? I got to go.
Larry Kudlow, thank you.