How Rich is Too Rich? Measuring the Riches Line

Is it possible to identify a 'riches line', distinguishing the 'rich' from the 'super-rich'? Recent work in political philosophy suggests that this is theoretically possible. This study examines for the first time the empirical plausibility of a riches line, based on novel data collected from a representative sample of the Dutch population. The data reveal that the Dutch indeed draw such a line, namely between 1 and 3 million euros. Strikingly, respondents agree on its approximate location irrespective of their own income and education. Although most do not consider extreme wealth itself a severe problem and object to the government's enforcement of limits to wealth and income, widespread support exists for increased taxation of the super-rich if that would improve the quality of life of the most vulnerable members of society.

Automated summary

The Dutch population has established a consensus on setting a wealth line between 1 and 3 million euros, regardless of their own income and education levels. While extreme wealth itself is not considered a severe problem, there is widespread support for increased taxation of the super-rich in order to improve the quality of life for the most vulnerable members of society.