>> no, you don't. >> bill: you have to send someone in to assess it? >> no you don't have to. they have calculations that substitute for someone coming into your house. >> bill: who? who has calculations. >> that's why i use the french government as an example. instead of someone coming in and counting your furniture they would simply use a number like a% of your total wealth. >> bill: how would they know what your total wealth is? how? >> the same way people know when they file taxes in the united states. no one comes in and counts your money. >> bill: no, no. you don't know economics. your wealth is your wealth. you don't have to put it down on your tax form. i don't put down how much my net worth on tax form. >> i know that. >> bill: how does the government know how much you are worth? how? >> what i'm saying in the same way that with federal income tax in america you submit documents, receipts. >> bill: you would have to submit. i have got six love seats, two big beds, four cars, and here is what they're worth. you would have to then every year chronicle all your stuff. >> and i'm saying no.