The problem is what governments mean by "super rich" and what people expect it to mean. They expect it to mean 10 million in assets and up, at minimum. What go

The problem is what governments mean by "super rich" and what people expect it to mean. They expect it to mean 10 million in assets and up, at minimum. What governments mean: $30k in "assets" and up. I get it. If you don't do that the tax base is too small, and they just preemptively give up on taxing the actual super-rich. I'm quite allright with taxing billionnaires, no question. Even when in the millions, by all means, tax away. But please only start increasing tax when we're like 50% above a downpayment for a decent house. And this is not what's happening.