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this post was submitted on 19 Sep 2024
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Except most state/local governments do have property taxes on houses, land, and cars. Not unrealistic to apply the same towards other assets. Specially since taxing homes and cars is counterintuitive because you're taxing necessities, while taxing monetary/investment assets like stocks would make more sense to encourage more spending instead of just hoarding the money.
Most states don't tax cars outside of sales tax.
They may have registration, but that's different than tax and only applies of you use the vehicle on public land.
Property tax is usually school districts and municipalities, and is well-under 1% most planned.