Download The California Post App, follow us on social, and subscribe to our newslettersCalifornia Post News: Facebook, Instagram, TikTok, X, YouTube, WhatsApp, LinkedIn California Post Sports Facebook, Instagram, TikTok, YouTube, X California Post Opinion California Post Newsletters: Sign up here! California Post App: Download here!Page Six Hollywood: Sign up here! The CA ballot initiative, called the “2026 Billionaire Tax Act,” would “impose a one-time tax of 5 percent on the net worth of the state’s billionaires,” according to the Tax Foundation. President Donald Trump’s tech Czar, billionaire David Sacks, called the billionaire tax theft. The post Inside the billionaire enclaves just out of reach of CA’s wealth tax appeared first on New York Post.