Michigan Tax Shift Pits Towns vs. Big Three - WSJ.com

WHICH COMES FIRST, TAXES OR JOBS? Michigan Tax Shift Pits Towns vs. Big Three - WSJ.com:
"Where is the comment or mention in the article of 'why is there this personal property tax anyway'?

Let's see?
a. The US moans about jobs leaving the country, companies outsourcing work to overseas;
b. The US generally has highly paid workers.
c. To compete and pay high wages, companies generally need to invest in advanced equipment.
d. Advanced equipment is expensive.
e. So, why not have government put a tax on having equipment?

Sure seems to me there's a reason Michigan has a high jobless rate. And, can we say they did it to themselves?"