AceShowbiz -

Despite circulating rumors, Taylor Swift is not collaborating with Hillary Clinton on fundraising project. Star Magazine previously reported the "Bad Blood" hitmaker was throwing a massive concert to raise funds for Hillary's presidential candidacy.

An alleged insider told the tabloid, "Taylor and Hillary are planning to collaborate on a massive fund-raising concert later this Fall." The supposed "insider," who called the "Blank Space" songstress a "feminist," then presumptuously noted that "Hillary needs someone as influential as Taylor in her corner."

The insider added, "Taylor's massive fan base will undoubtedly help Hillary's chances of becoming the first woman President. Taylor couldn't think of anything more exciting than to be part of world history."

Gossip Cop was quick to come up with a denial to the rumor though. The site cited its own sources close to Taylor as claiming that Calvin Harris' girlfriend had no plans to collaborate with Hillary on a fundraiser. The story was simply untrue.

Hillary has been receiving support from some celebrities including Beyonce Knowles, Katy Perry, Lady GaGa, Tony Bennett and Kim Kardashian.