{"id":190108,"date":"2025-08-31T21:44:21","date_gmt":"2025-08-31T21:44:21","guid":{"rendered":"https:\/\/www.europesays.com\/us\/190108\/"},"modified":"2025-08-31T21:44:21","modified_gmt":"2025-08-31T21:44:21","slug":"taylor-swifts-rhode-island-mansion-may-soon-cost-her-337k-a-year-thanks-to-the-new-taylor-swift-tax","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/190108\/","title":{"rendered":"Taylor Swift\u2019s Rhode Island Mansion May Soon Cost Her $337K a Year \u2014 Thanks to the New \u2018Taylor Swift Tax\u2019"},"content":{"rendered":"

Taylor Swift\u2019s Rhode Island beach house has hosted everything from her famous Fourth of July parties to quiet renovations that sparked fan theories about her future with Travis Kelce. (Earlier this summer, she skipped Watch Hill entirely<\/a> for a half-million-dollar getaway at Montana\u2019s Yellowstone Club<\/a>.) But now her shuttered \u201cHoliday House\u201d is back in headlines for a different reason: Rhode Island just slapped her and her fellow mansion-owners with a brand-new levy already nicknamed the \u201cTaylor Swift Tax.\u201d<\/p>\n

The proposal is simple enough \u2014 if your second home in Rhode Island is valued at over $1 million and sits empty more than half the year, you\u2019re about to pay more. Starting in October, non-primary residences will be charged $2.50 for every $500 in assessed value above the first $1 million. In Swift\u2019s case, her $28 million Watch Hill estate \u2014\u00a0one of her eight known homes<\/a> \u2014 is already costing her around $201,000 a year in property taxes. Under the new law, that bill will jump by roughly $136,000, bringing her total tab to about $337,442 annually.<\/p>\n

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For most Rhode Islanders, $337,000 is the cost of a whole house. For Swift, it\u2019s just the new annual bill on her vacation one. To the state, the surcharge is a way to offset looming budget cuts and reinvest in housing at a time when the luxury market thrives while working families are boxed out entirely.<\/p>\n

Unsurprisingly, not everyone\u2019s applauding. Brokers in Watch Hill and Newport say the tax unfairly punishes wealthy homeowners who \u201calready contribute the most.\u201d Donna Krueger-Simmons, a sales agent with Sotheby\u2019s International, told CNBC<\/a>, \u201cIt\u2019s a smack in the face to people who just spend money here.\u201d Another broker, Lori Joyal, argued that summer residents \u201care the economic engines for local businesses\u201d and warned the new rules might chase them \u2014 and their credit cards \u2014 away.<\/p>\n

It\u2019s worth noting who counts as \u201cpunished\u201d here. We\u2019re not talking about families scraping by on starter homes. These are multimillion-dollar, non-primary residences \u2014 the kinds of properties so elite they get their own nicknames. Swift\u2019s estate alone sits on five oceanfront acres and was purchased outright in 2013.<\/p>\n

Rhode Island isn\u2019t alone. Montana just raised its tax rates on second homes and short-term rentals after an influx of wealthy transplants priced out locals. Cape Cod is weighing a transfer tax on houses over $2 million. Los Angeles already has its so-called \u201cmansion tax.\u201d<\/a> States are chasing the same logic: if the ultra-rich can spend eight figures on vacation homes, they can probably spare a few more to keep the lights on.<\/p>\n

Will the Taylor Swift Tax spark a mass billionaire exodus to Connecticut? Maybe a few hedge funders will grumble their way across the state line. But for most, it\u2019s pocket change \u2014 an irritating line item, not an eviction notice. For the rest of Rhode Island, it\u2019s a reminder that \u201ceconomic engines\u201d don\u2019t need defending nearly as much as families who can\u2019t afford to fill their gas tanks.<\/p>\n

Before you go, click here<\/a> to see all the celebrities who have the most homes around the world.<\/strong><\/p>\n

\"Kim<\/a><\/p>\n

Kim Kardashian, Leonardo DiCaprio, Rihanna, Taylor Swift, George Clooney<\/p>\n

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Sign up for SheKnows’ Newsletter<\/a>. For the latest news, follow us on Facebook<\/a>, Twitter<\/a>, and Instagram<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Taylor Swift\u2019s Rhode Island beach house has hosted everything from her famous Fourth of July parties to quiet…\n","protected":false},"author":3,"featured_media":190109,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[49344,64,2737,3571,3572,67,132,68,106314],"class_list":{"0":"post-190108","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-beach-house","9":"tag-business","10":"tag-rhode-island","11":"tag-taylor-swift","12":"tag-travis-kelce","13":"tag-united-states","14":"tag-unitedstates","15":"tag-us","16":"tag-watch-hill"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115125568327221842","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/190108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=190108"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/190108\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/190109"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=190108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=190108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=190108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}