‘Taylor Swift Tax’ Stirs Bad Blood With Rhode Island Homeowners

Bloomberg News Boston money and power reporter Greg Ryan said that a Rhode Island tax increase on second homes is not just impacting the wealthiest residents like Taylor Swift, but that many residents with family properties worry about the impact on their finances. The Rhode Island tax comes as some other cities and states move to tax second homes at a higher rate, like the pied-a-terre tax proposed in New York City by Mayor Zohran Mamdani. (Source: Bloomberg)