Rhode Island

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Rhode Island, mentioned 9 times across podcast episodes and expert conversations analyzed by Sonic.

What Rhode Island has said

The law firm Hinckley Allen Snyder is organizing a lawsuit on behalf of homeowners to challenge Rhode Island's new second home tax in court, arguing it is unconstitutional.

neutral·Greg Ryan

Some owners of modest vacation homes in Rhode Island will see their tax bills increase by 50% or more due to the new second home tax.

bearish·Greg Ryan

Rhode Island enacted an annual property tax of 0.5% on second homes valued over $1 million.

neutral·Greg Ryan

The law firm Hinckley Allen Snyder is organizing a lawsuit on behalf of homeowners to challenge Rhode Island's new second home tax in court, arguing it is unconstitutional.

Expert perspectiveGreg RyanJul 3

Some owners of modest vacation homes in Rhode Island will see their tax bills increase by 50% or more due to the new second home tax.

Expert perspectiveGreg RyanJul 3

Rhode Island enacted an annual property tax of 0.5% on second homes valued over $1 million.

Expert perspectiveGreg RyanJul 3

Rhode Island enacted its own 'millionaire's tax' in the month prior to the podcast's recording.

Expert perspectiveGreg RyanJul 3

A lawsuit challenging Rhode Island's second home tax may be filed in the next few weeks.

Expert perspectiveGreg RyanJul 3

In May, Rhode Island's state government sent out approximately 8,000 notices to homeowners who may be subject to the new second home tax.

Expert perspectiveGreg RyanJul 3

The most vocal opposition to Rhode Island's second home tax is from owners of modest, multi-generational vacation homes, rather than from owners of mega-mansions.

Expert perspectiveGreg RyanJul 3

Taylor Swift faces an additional annual tax bill of approximately $136,000 for her Rhode Island mansion under the state's new second home tax.

Expert perspectiveTim StanovecJul 3

The purpose of Rhode Island's new property tax on second homes is to raise money to build more affordable housing.

Expert perspectiveGreg RyanJul 3

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