The Era of the Taylor Swift Tax

2025-11-11

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Rhode Island Senator Meghan Kallman joins us to break down the much-talked-about proposal known as the “Taylor Swift Tax” and the ABCs of tax policy. She’s calling for wealthy non-residents with second homes valued over $1 million to pay their fair share and explains the data showing “millionaire flight” as a myth. This episode shines a light on Rhode Island’s upside-down tax code where working people shoulder more of the burden. We also dig into how decades of underbuilding have fueled the state’s housing crisis and what’s being ...

Rhode Island Senator Meghan Kallman joins us to break down the much-talked-about proposal known as the “Taylor Swift Tax” and the ABCs of tax policy.

She’s calling for wealthy non-residents with second homes valued over $1 million to pay their fair share and explains the data showing “millionaire flight” as a myth.

This episode shines a light on Rhode Island’s upside-down tax code where working people shoulder more of the burden. We also dig into how decades of underbuilding have fueled the state’s housing crisis and what’s being done to fix it, from zoning reform to new funding for affordable housing. Resources:

Meghan Kallman

https://www.rilegislature.gov/senators/kallman/Pages/Biography.aspx

Non-Owner Occupied Property Tax Act

https://tax.ri.gov/sites/g/files/xkgbur541/files/2025-07/2025_summary_of_legislative_changes.pdf

The Economic Progress Institute

https://economicprogressri.org/publications/epi-policy-brief-moving-beyond-the-mass-exodus-tax-flight-myth

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