Mr. Gordon can you please run for Premier? Brilliant article, and yes it just makes too much sense. "consider an annual property surtax that could be offset by income tax paid. " YES YES YES.  Or base it on qualification/affordability. $4.3 million dollar house = $500k min income to qualify.  With no income reported, the property surtax would be $231,000 (the income tax amount on $500K) for the year. At least get them to pay their fair share of income taxes if they want to screw up our housing markets and take advantage of our system & resources.