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Rhode Island's 'Taylor Swift Tax' Hits Million-Dollar Homes

9/1/2025

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Summary

Story summary

Rhode Island's "Taylor Swift Tax" imposes a surcharge on second homes valued over $1 million if unoccupied for over six months.
Taylor Swift's property tax will increase to around $337,442 annually.
Critics claim the tax disproportionately affects wealthy homeowners contributing to local economies.
Similar taxes are being adopted in other states.

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Story summary

Rhode Island's "Taylor Swift Tax" imposes a surcharge on second homes valued over $1 million if unoccupied for over six months.
Taylor Swift's property tax will increase to around $337,442 annually.
Critics claim the tax disproportionately affects wealthy homeowners contributing to local economies.
Similar taxes are being adopted in other states.