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Texas has it right. The other 49 states have it wrong.
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In Texas, that law is rooted in the frontier logic that if a man lost the tools of his trade, he and his would become a burden on society in general. Texas decided early on that ain't gonna happen, even if it means killing people to preserve the means of livelihood. Priced any tools lately? A valid point. In post industrial society, emphasis naturally shifts to other personal possessions which make up sort of "tools of life".
This philosophy could be seen in the future on the platforms of candidates for public office in the other forty-nine states. The law in Texas has stuck a nerve with many Americans.