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Beware of the "Taylor Tax."
Florida Chief Financial Officer Jimmy Patronis is railing against the IRS for targeting Taylor Swift fans who sold tickets to the singer's upcoming Florida shows.
He says a new federal law has the agency working with Cash App, Venmo and other apps to watch for concert tickets selling for more than $600.
"So now they start targeting these transactions whether you paid full price, or you sold them or you transferred them to a family member, what have you."
Patronis calls it government overreach.
His office has launched the Florida IRS Transparency Portal for people to report evidence of discrimination by IRS operatives.
It's available at MyFloridaCFO.com.
Swift performs three shows at Hard Rock Stadium in Miami next month.
During an interview on The Brian Mudd Show Thursday morning, Patronis also noted the one-year anniversary of Hurricane Ian making landfall in Southwest Florida, turning residents' lives upside down.
Patronis was in Fort Myers, and promises that his office will remain on the case until everybody has received their insurance claims.
"We're gonna see almost $19 billion pumped into this economy through insurance claims."
He says there are more than 750,000 claims to sift through and that it's "not an easy road to navigate." Patronis says about 100,000 of them have not yet closed.