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I feel like if you want to hold government office you should 1. Give up all your wealth. 2. In exchange for this, you get a rock solid $500,000 salary. This isn’t because you are an elite, this is because paying you well makes it harder to bribe you. 3. When you lose your seat or step down, you can never work again in your life. This is to prevent you from ever taking on a lobbying job or otherwise using your power to enrich yourself and influence government for special interests. In exchange for this, you can take 80% of your salary that you had while in office until you die.
These changes hopefully would give office holders enough personal financial security to focus on making decisions without being influenced by external money.
We don't need to bribe them to do their jobs. We need to make them afraid of what will happen to them if they don't.
It's both. Otherwise noone would be dumb enough to do such a high profile, high stress, and apparently low paying job. I do want the smartest, hardest working and best people leading my country, not some random guy would couldn't get a better job.