[stephenjohnbanker]

This would have murdered car dealers, as 2.1 million gross is nothing to them. In the case of Rolls Royce, merely a month.
More brain dead politicians who know nothing about private enterprise.

[org.whodat]

It's on the inventory, ad valorem tax, personal property tax, based on your inventory at years end. I don't recall most places having a cap. Too Bad!!

I think all personal property tax should be illegal, it's taxing earned and taxed income.