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he wealthiest people often have extremely complicated, long-standing financial arrangements, including philanthropic planning that could negate any benefits for donating more under a billionaire’s tax.

Owens also noted that current tax law caps charitable deductions at 60 percent of adjusted gross income. If that provision remains in effect, wealthy people who hit that cap even before a billionaire tax is imposed may see no tax benefit from additional giving,

Economists who study taxes on the ultra wealthy say they think people overestimate the impact of new taxes on charitable giving.

“Sometimes people get the false impression that philanthropy actually is a roundabout way to save money on taxes that exceeds the cost of the gift, and that just isn’t true,” says Duquette. “If you give your money away, then even if you do get some tax benefits, you still have less wealth than you did when you started, so that’s not really a reason why philanthropists do philanthropy.”

The Black Panthers talked about removing capitalist intentions within communities which are the standard tropes around what gentrification is and what it means for capital to come into a neighborhood and wash away cultural institutions. The ethos of design justice is simply that for every injustice in this world there is an architecture, a plan, a design, that’s been built to sustain that injustice, and for so much of our work power is vested in land.”