Rhode Island will impose additional taxes on vacation homes over $1M, calling it the 'Taylor Swift Tax'

Name: Rhode Island will impose additional taxes on vacation homes over $1M, calling it the 'Taylor Swift Tax'
Uploaded: 2025-08-16T00:43:46Z
Duration: 2 min 41 s
Description: FOX Business correspondent Madison Alworth reports on the nicknamed 'Taylor Swift Tax' that will be implemented by Rhode Island in 2026 on vacation homes worth over $1 million to offset state budget deficits on 'Making Money.'

FBN · Aug 16, 2025 · 2m 41sSign Up Now

Already a subscriber?

FOX Business correspondent Madison Alworth reports on the nicknamed 'Taylor Swift Tax' that will be implemented by Rhode Island in 2026 on vacation homes worth over $1 million to offset state budget deficits on 'Making Money.'