The wealthy trying to avoid new tax

[king1]

For the sake of clarity - tax avoidance is perfectly legal and legit, tax evasion is a crime...

tax avoidance: An action taken to lessen tax liability and maximize after-tax income.
tax evasion—The failure to pay or a deliberate underpayment of taxes.
https://apps.irs.gov/app/understandingTa..._les03.pdf

interesting article on the topic
https://www.interest.co.nz/personal-fina...-and-harsh