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 ...

Maine has the highest vacancy rate in the U.S.—and lawmakers are weighing property tax reform. Could a “Taylor Swift Tax” be next?

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 ...

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 ...

The Taylor Swift tax, officially called the "non-owner-occupied tax," applies to all residential properties assessed at more than $1 million that do not serve as a primary dwelling.

‘Taylor Swift tax’ to affect second homes worth over $1M. The budget proposals are specifically targeting the high-end vacation homes.

The conveyance tax would go from $2.30 to $3.75 for every $500, which would be a 63% increase. According to Zillow , the average selling price of a home in Rhode Island is around $492,939.