Morton Shulman's book Anyone Can Make a Million described the folly of many a rich person with more money than they knew what to do with. His anecdotes about doctors and executives throwing money away crazy real estate schemes, foreign mining operations, or high risk technologies is quite amusing.

My uncle, who was a senior executive for a Canadian mining company, complained endlessly of how much tax he paid. But he bought a fabulous mansion overlooking Vancouver, took yearly vacations to exotic places, and lost thousands on dicey penny stocks. I laughed when ever he whined about the government bleeding him dry. He died leaving behind a huge estate and more junk than he sons knew what to do with.

It's time for a Financial Transfer Tax. We could then reduce or eliminate the Income Tax. It's seeing their money taxed every April that angers the rich. It just stresses me out as I either get a refund or find the tax withheld at source was the correct amount. I don't feel the pain.