“I still see way too often family offices that come to me and say: ‘We want to do education, we want to set up a foundation and we want to do it in market X’,” she said.

Woodcraft said in these cases she would ask the family for their rationale, only for them to reply: “It doesn’t matter. Let’s just get some quick wins, let’s get the money out there.

These people are selfish and myopic even when they try to do the right thing.

Bringing tax rates for the rich back to pre Trickle Down Ecconomics levels is the answer.