I’ll bet it was a relief to everyone when household personal property was dropped from the tax. Taxpayers no longer had to hide their radios. Sheriffs no longer had to auction very personal property. And it was probably a good thing for assessors, too. If household property were taxed, would you invite the assessor to your house for a holiday dinner?
Larry DeBoer is a professor of agricultural economics at Purdue University. Contact him at firstname.lastname@example.org.