Rhode Island's 'Taylor Swift Tax' on vacation homes of the wealthy is spreading to other states
Real Estate
CNBC

Rhode Island's 'Taylor Swift Tax' on vacation homes of the wealthy is spreading to other states

Why This Matters

A push to tax the real estate of the wealthy has sparked a backlash among brokers and potential buyers, who say the taxes punish the most important local spenders.

August 31, 2025
12:00 PM
7 min read
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Key Insights

  • Consumer sector trends provide insights into economic health and discretionary spending patterns

Questions to Consider

  • What does this consumer sector news reveal about economic health and spending patterns?

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