dpfoto wrote:
I remember, many years ago when I lived in a State that had a "Personal Property" tax... We had to list, and pay a tax on EVERYTHING we owned... furniture, books, tools, cameras, records (They were vinyl records back then), Radio & TV's, etc., etc.
It became known as the "Liar's Tax". I think maybe 10% of the people actually listed EVERYTHING.
About a year after I moved away from that State, I received a Personal Property" tax bill from them, for over $200. I sent them a PENNY, along with a note telling them where they could stuff it. I never heard back.
I understand they no longer have that ridiculous tax, and replaced it with a sales tax.
I remember, many years ago when I lived in a State... (
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Indiana had a personal property tax sometime in the past, but I don't remember their being very effective at collecting it. They eventually added a tax on vehicles {actually seems to be based on approximate vehicle value}, collected as part of vehicle registration, plus additional sales tax. We currently have a ten-year-old Saturn and a five-year-old Ford Fiesta, and the total tax on them this past year was $77 - in other words, nothing to get upset about.