I mean, you’re not crazy rich, but if you are making that every year? You don’t generally need to ever worry about money. Not REALLY worry about it. And to me, that’s wealthy.
But along the lines of what you’re saying, it’s a perfectly “acceptable” level of wealthy.
But yeah, folks making over $10M a year? There’s just nothing you can really be doing with that kind of money, beyond making more money through no real action on your own part. Like, there’s nothing you can really be doing to improve your life in any meaningful sense. If you had less money, you wouldn’t even know. Your life would be identical.
If taxing you has no discernible impact on your life, then that taxation is probably fine, in my opinion.
Tax the dude with $250k/yr, and he’ll still be fine, but he’ll notice. He might have to make some trivial sacrifice.
Tax the dude with $10M/yr, and he still has to make ZERO sacrifices.