'Taylor Swift tax' proposed in Rhode Island

(NewsNation) — Rhode Island officials just shared their new budget proposals, with one including what is being unofficially referred to as the "Taylor Swift tax."

The "Taylor Swift tax" would add costs to seasonal or second homes. Another measure would reportedly increase a seller's fee by 63% overall.

The Rhode Island Association of Realtors has raised concerns that the proposed changes would hit both homesellers and buyers, which could make the market more unaffordable.

The association's president...