How to check if value is present in list in java

I want to match this Value 199.04 in TaxList. Below is my code

List<BigDecimal> TaxList = new ArrayList<BigDecimal>();   

String NetP=driver.findElement(getNetPension).getAttribute("value");
float NetPension = new Float(NetP);
log.info("Value of Net Pension on screen : "+ NetPension);

if(TaxList.contains(NetPension)) 
{   
     log.info("Income tax value from the database is matching with the value on the screen");
}
else 
{
     log.warn("Both the values are different.Net pension is:" +NetPension );
}

I am printing the TaxList in console

[199.04, 610.72, 122.12, 866.52, 94.56, 143.48, 78.28, 132.6, 12.9, 32.03, 1797.38, 128.14, 724.94]. even though value 199.04 is present.it goes to else part

Both the values are different.Net pension is:199.04