In article ,
The Daring Dufas wrote:



I seem to recall something called an "ad valorem tax" where a business
must pay a tax on the value of its assets like tools and equipment used
in the operation of the business. That one always struck me as odd. O_o

Ad valorem is just latin for property tax. I would suspect that most
states with property taxes have some sort of tax on this type of things.
Some even on inventory.
--
America is at that awkward stage. It's too late
to work within the system, but too early to shoot
the *******s."-- Claire Wolfe