THE TAYLOR SWIFT TAX

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...