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That may be the case for most or all land in the U.S., but it at least doesn't apply to musical instruments, couches, computers, and cars (except in some jurisd
by microcolonel 9y ago
That may be the case for most or all land in the U.S., but it at least doesn't apply to musical instruments, couches, computers, and cars (except in some jurisdictions).
If the best I can do is pay the wealth tax only on real property, then that's what I would prefer.
- Xylakant 9y agoThe IRS will happily impound your valueable instruments if you fail to pay taxes. Looks like the government still owns everything you call your own.
- microcolonel 9y agoSure, but owning a cello doesn't increase my real property taxes.