Rhode Island is weighing a proposal that could hit pop superstar Taylor Swift — and dozens of her wealthy neighbors — with a six-figure tax bill for leaving their coastal mansions mostly unoccupied.
The so-called “Taylor Swift Tax,” an unofficial moniker for a proposed surcharge on luxury properties not used as a primary residence, would levy significant annual fees on second homes valued over $1 million.
Swift’s sprawling estate in Watch Hill, assessed at roughly $17 million, could be subject to an additional $136,000 in taxes each year if the measure is approved, according to Realtor.com.
While the legislation does not single out Swift by name, her high-profile ownership has thrust her into the spotlight of a broader debate playing out across New England’s elite seaside enclaves.
