that all depends on the definition of wealthy..
san Francisco thinks 46K is rich.
Anything that ignores vast differences in local cost of living is crappola. In addition, how is a wealth tax not simply a confiscation of assets? Finally, the goal of this commie gov’mt is not to finance any program. Actually, none of them know the slightest thing about finance. Their goal is to disguise a massive tax increase with “tax the rich” pandering. The meat of the bill will, by design, destroy the educated, active, middle class. The is the first thing that must happen in any takeover — destroy the middle class. Once that is done, all that is left is the “in crowd” with the political influence and those about to be enslaved.
That is the Demo goal, re-enslave the US. They did it with imported blacks, no they are going to do it on everyone willing to take a knee.