Re: new California tax?
What, the CHAIN part isn't enforcement? They can it, and if no one pays, they auction it. You cut the chain, and they'll bill you for a new chain, too.
Cali isn't the only state that has a property tax. Some have it on personal property, some have it on business inventory AND business property. Taking inventory on January 1st is pretty common, which is why reason why some businesses have end-of-year clearance sales, to get rid of the inventory before it gets taxed.
Bottom line is that it costs money to run a state, the ones that tax less are sometimes more efficient but often simply provide fewer "services".