Rhode Island's wealthy seasonal homeowners, including Taylor Swift, are at the center of a heated controversy over a new tax targeting second homes valued at $1 million or more. Dubbed the "Taylor ...

Rhode Island lawmakers want to tax luxury homeowners who spend less than half the year in their second homes in the state a hefty surcharge.

As much as Taylor Swift would like to sh-sh-shake-it off, if the state of Rhode Island has its way, she and other vacation ...

Taylor Swift soon may be required to pay a hefty amount of taxes on her New England home, which is undergoing renovations, if a proposed tax act in Rhode Island goes through.. Earlier this month ...

Rhode Island is reviving its “Taylor Swift Tax”—a bold proposal that would hit luxury second homes with steep new surcharges. The measure targets non-owner-occupied properties worth more ...

Swift purchased her Rhode Island mansion for about $17 million in 2013. Zillow lists the property’s current value at $28 million, so that would work out to a tax of about $135,000 a year.

The tax is being referred to as the “Taylor Swift Tax” because of the pop star’s Watch Hills Estate home known as Westerly Mansion. Swift purchased the 12,000 square foot mansion in 2013 for ...

How Is The ‘Taylor Swift Tax’ Calculated? Known officially as the non-owner-occupied tax, it is calculated at a rate of $2.50 for every $500 of assessed value above the first million, which ...

Swift purchased her Rhode Island mansion for about $17 million in 2013. Zillow lists the property’s current value at $28 million, so that would work out to a tax of about $135,000 a year.

Swift purchased her Rhode Island mansion for about $17 million in 2013. Zillow lists the property’s current value at $28 million, so that would work out to a tax of about $135,000 a year.