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Posted on 08/31/2025 2:51:27 PM PDT by Hojczyk
CNBC explains how it works,
Swift’s house, for instance, is assessed at around $28 million, according to local real estate records. Her current property taxes are estimated at around $201,000 a year. The new charges will add another $136,442 to her annual taxes, bringing her yearly total to $337,442 – even though locals say she rarely visits.
Explaining the why of the tax (other than, “they can”) is considerably more difficult. I’m old enough to remember when former U.S. Sen. John Kerry (D-MA) would park his yacht in Rhode Island as a tax dodge
Rhode Island is also hiking its conveyance tax on luxury real estate starting in October. The tax on real estate sales will be an additional $3.75 for each $500 paid above $800,000 for a real estate purchase.
As George sang,
If you drive a car, I’ll tax the street If you try to sit, I’ll tax your seat If you get too cold, I’ll tax the heat If you take a walk, I’ll tax your feet
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Govt robbery.
“”””THE TAYLOR SWIFT TAX””””
What central media propaganda authority creates these terms that the media adopts?
The idea of general revenue should be abolished. If they are going to tax, you should know where the money is going and not a line of general revenue, where it can be spent on anything.
YES
I think $800,000 is getting close to a median priced home in blue states.
Wouldn’t it be easier for Democrat states to just seize the houses of “rich people”? That’s what Lenin did, and it worked out just swell.
✊
No taxes should be raised without a two third majority of the voters approving that!
Legalized theft is all it is....
I am for the NBA/Stephon Curry/LeBron James Tax. NBA Players will pay a 50% tax once a salary exceeds 25 million a year. Being outspoken Liberals surely they will WANT to pay their FAIR SHARE.
Property taxes are horrible. Am.I ro understand there are no legal limits to their increase?
We have a lot of free stuff from the govt that income earners need to pay gor. Thank you Ms Swift. Thank you hard workers.
Anybody need dome free stuff? We have nonprofits getting usaid shell money employing democrat mussels in their shells.
Why is your confiscatory tax on just the NBA?
Plenty of members of the far left play for MLB, NFL, and NHL teams.
Just a reminder, Kids:
Taxation is THEFT!
Inflation is THEFT!
Since 1913 by the government of The United States of America.
“The modern income tax system was established with the ratification of the 16th Amendment on February 3, 1913, allowing Congress to levy income taxes without apportionment among the states.”
Yep.
There can be. Some states enacted rate increase limits, some have property reassessment limits, some have levy limits, some have one or more of these in place.
Article title is way misleading. Personally if she just paid the tax, I’d be all for it.
Thanks for that. I’ll look up the different states.
I am going to try to see if my state can adopt more of these.
She maintains official residence in Tennessee, where she votes, which has very tax friendly policies in addition to no state income tax.
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