Things could be worse!
Here in NC, you pay property taxes yearly on everything. Cars,boats,skis,trailers,motorcycles, etc..... Have to pay a stupid yearly property tax, and if you sell it the next day, oh well.
Here they have the values in their systems, so you can't play the $1 game... the only time I've walked away feeling like I won, was with my Esprit. The system didn't have a value, and I said a buck.