Bezos Backs Controversial NYC Tax Targeting Ultra-Rich Homeowners

Bezos Backs Controversial NYC Tax Targeting Ultra-Rich Homeowners

Mayor Zohran Mamdani’s proposed tax on luxury second homes has an unlikely defender: Jeff Bezos. Loading audio narration… The Amazon founder compared the pied-à-terre tax — which has been criticized by other prominent businesspeople — to a tourist tax in an interview with CNBC on Wednesday. “Taxes on out-of-towners are very popular taxes. That’s why … Read more