Form 6 will result in financially successful people deciding not to run for public office.
Instead the dingbats who have been financially unsuccessful will be more than happy to run for public office as these dingbats have no assets to report.
From the 2020 form you posted:
“ASSETS INDIVIDUALLY VALUED AT MORE THAN $1,000:
Describe, and state the value of, each asset you had on the reporting date you selected for your net worth in Part A, if the asset was worth more than $1,000 and if you have not already included that asset in the aggregate value of your household goods and personal effects.”
So, to give a hypothetical- a custom built bolt gun that costs ~$1800? I guess that has to be listed?
Is that information publicly available?