The Taylor Swift tax. Why do they call it that. Why isn't it higher.Why don't you have to pay it if you rent out your property for half the year. Here are your answers. First off, it's actually not called the Taylor Swift tax. It's officially known as the nonowner occupied property tax in Rhode Island. Colloquially, it is being called the Taylor Swift tax because of our mansion in Rhode Island being subject to this tax.And many more of the rich and famous call Rhode Island their second and third home. But T ...