{"id":69236,"date":"2025-06-12T07:41:41","date_gmt":"2025-06-12T07:41:41","guid":{"rendered":"https:\/\/new365.azontree.com\/?p=69236"},"modified":"2025-06-12T07:41:41","modified_gmt":"2025-06-12T07:41:41","slug":"taylor-swift-is-about-to-owe-rhode-island-an-extra-136000","status":"publish","type":"post","link":"https:\/\/new365.azontree.com\/?p=69236","title":{"rendered":"Taylor Swift is about to owe Rhode Island an extra $136,000"},"content":{"rendered":"<p>Swift famously owns a $28 million vacation home in Westerly \u2013 which means she\u2019ll be writing the state a check for another $136,000.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/bostonglobe-prod.cdn.arcpublishing.com\/resizer\/v2\/AU6ADQORU73SHQ5ICI7RCJ3NNA.JPG?auth=ea325f2fb7bad412d4abcaf7fd623435d2e48f9f0d87b2408988b56c5e1cc2fc&amp;width=1440\" alt=\"Taylor Swift's former Cape Cod house for sale\" \/><\/p>\n<p>State leaders maintain the money is being dedicated to a good cause: future redemptions of the low-income housing tax credit, which is designed to produce more housing. Shekarchi said it\u2019s unclear exactly how much additional revenue the tax will generate.<\/p>\n<div>\n<p>A weekday briefing from veteran Rhode Island reporters, focused on the things that matter most in the Ocean State.<\/p>\n<\/div>\n<p>There are far more important topics in the proposed state budget \u2014 which is likely to get a vote next week. But if you\u2019re a total celebrity voyeur like me, here\u2019s a look at what the new tax will mean for some of Rhode Island\u2019s most famous part-time residents.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/i.ytimg.com\/vi\/kpfI4gfyc8c\/hq720.jpg?sqp=-oaymwEhCK4FEIIDSFryq4qpAxMIARUAAAAAGAElAADIQj0AgKJD&amp;rs=AOn4CLC7vagvwxRPO8R_gewzSQ1Yem0oYA\" alt=\"Taylor Swift | House Tour 2019 | New York City, LA, Nashville &amp; Rhode  Island Mega Mansions - YouTube\" \/><\/p>\n<p>\ud83c\udfe0 Comedian Jay Leno owns most of the Seafair mansion in Newport, which is broken out into condos. The properties have a total assessed value of $16.3 million, which could result in Leno paying an additional $76,000 (it would be less if each condo has the first $1 million of value knocked off).<\/p>\n<p>\ud83c\udfe0 Oracle co-founder Larry Ellison owns several properties in Newport, including 580 Bellevue Ave. The mansion has an assessed value of $31 million, so he could pay nearly $149,000 in new taxes on that property alone.<\/p>\n<p>\ud83c\udfe0 Stephen A. Schwarzman, the billionaire chairman and CEO of the Blackstone Group, owns the Miramar mansion on Bellevue Avenue in Newport. The entire estate has an assessed value of more than $33 million, which means the new tax could generate $161,000 for the state.<\/p>\n<p><b>\ud83c\udfe0 <\/b>Colin Cowherd, one of the most famous sports talk-show hosts in the country, owns an $8.3 million home in Westerly. Under the proposal, he\u2019ll pay an extra $37,000.<\/p>\n<p>\ud83c\udfe0 Judge Judy owns a $13.1 million home in Newport, which means she might owe an additional $61,000 to the state.<\/p>\n<p>\ud83c\udfe0 Alexis DeJoria, a famous drag racer whose father is a billionaire, owns Ocean Lawn in Newport, which has an assessed value of $19.4 million. She could end up paying an additional $92,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The state\u2019s budget proposal includes an increased tax on non-owner-occupied homes valued at more than $1 million. Here\u2019s what other celebrities with R.I. connections could owe.<\/p>\n","protected":false},"author":2,"featured_media":69261,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-69236","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-taylor-swifts"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Taylor Swift is about to owe Rhode Island an extra $136,000 - News 365<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/new365.azontree.com\/?p=69236\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Taylor Swift is about to owe Rhode Island an extra $136,000 - News 365\" \/>\n<meta property=\"og:description\" content=\"The state\u2019s budget proposal includes an increased tax on non-owner-occupied homes valued at more than $1 million. 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