An earlier article on this estimated the tax collected from the personal property tax at about 5% of the state's annual budget, or about $1 billion a year. So what do you propose to do without in exchange? A billion dollars' worth of bridge and road repair? or a billion dollars' worth of hospital reimbursements? Or lay off a billion dollars a year's worth of grade school and high school teachers? Those are the only three really big line items in the state's budget, which you can look up for yourself online; everything else is pocket change by comparison, and you're not going to squeeze another billion in savings out of all of them together.
As unpopular as it is to say this in Missouri, living in civilization costs money. Suck it up and pay it.