“That Picasso painting, what is it worth on today’s market? And what about that rare coin? And what about that autographed cowboy hat once worn by Tom Mix?”
I listed no rate for chattels.
> I listed no rate for chattels. <
I took the “2% on the net worth in personal property financial holdings, other than common stock” to be the tax on chattel property.
And if chattel property (paintings, rare coins, etc.) truly is exempt from a holding tax, then lots of folks would would be investing in those, and avoiding stocks.