Source: New York Post
California’s wealthiest residents are scrambling to shield their fortunes as November comes closer with the controversial billionaire tax — with some accelerating charitable donations, buying luxury vacation homes and even joking about divorce to soften the blow. The proposed measure, if passed, would impose a one-time levy of up to 5% on the net worth of Californians worth more than $1. 1 billion, based on their wealth at the end of this year if they were state residents on Jan.
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