Hi, this is my first year filing my own taxes being self employed. I had not heard about a tangible tax before but I have been told that I will be taxed on all of the equipment I own. Is this a new thing or just a statewide thing (FL)? So if I am thinking correctly, the equipment I have already purchased and paid taxes on will be taxed again. Then again next year and so on? That does not seem right but that is how I interpretted it. Thanks for any input.