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From Rhode Island's so-called "Taylor Swift Tax" to Montana's property tax overhaul, states are rewriting the rules for ...
The second major move raises the conveyance tax — the fee sellers pay at closing — from $2.30 to $3.75 for every $500 of a ...
In fact, the state of Rhode Island has proposed a tax on all non-primary residences worth over $1 million, and the so-nicknamed "Taylor Swift Tax" is bringing Swift's estate, among others like it, ...
Several states have raised taxes on wealthy residents to narrow state budget deficits and offset expected declines in federal ...
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 ...
FOX Business correspondent Madison Alworth reports on the nicknamed 'Taylor Swift Tax' that will be implemented by Rhode ...
Taylor Swift's Rhode Island home is reportedly worth about $28.1 million. If the proposal passes, she would be required to pay about $135,500 in taxes annually.
The “Taylor Swift tax,” among other levies, targets the rich. Will they be driven away?
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 ...
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.
Taylor Swift's Rhode Island home is reportedly worth about $28.1 million. If the proposal passes, she would be required to pay about $135,500 in taxes annually.
What is the so-called 'Taylor Swift Tax'? The proposed act would mean that "non-owner occupied" homes, or secondary residences, valued more than $1 million, would be taxed at $2.50 for each $500 ...