Which of the following taxes is a form of personal property tax?

The tax on vehicles and boats is considered a form of personal property tax because it is levied on tangible personal property. Personal property tax generally applies to movable assets that are not attached to land, such as vehicles, boats, machinery, and equipment. Taxing these items is typical for local governments it serves as a way to generate revenue based on the ownership of such property.

In contrast, state income tax is based on individual earnings and is a form of income tax, not property tax. Real estate tax, on the other hand, applies to immovable properties such as land and buildings, thus classifying it as a real property tax rather than personal property tax. Sales tax on personal goods is a transactional tax levied on the purchase of tangible goods, rather than a tax on the ownership of those goods. Therefore, the tax on vehicles and boats directly aligns with how personal property tax is defined and applied.