We have something like that here in Georgia....taxes on personal property not ordinarily covered under other “money grubbing government schemes”. Anyone that even thinks about putting anything down as an owned item like this is a fool. Just like the fools that once answered “yes” on federal forms about having anything applicable to “alternative minimum taxes”.
Whenever I get to questions about things like this, I write “not applicable.”
And God help you if you manufacture something to sell.