Jeff Bezos Says New York City Second-Home Tax Is ‘Fine’ Idea

Amazon.com Inc. founder Jeff Bezos expressed support for New York’s plan to impose a new tax on luxury second homes in the city, noting that higher levies on out-of-towners is a reasonable way to raise revenue.

“I think that the pied-à-terre tax is a fine thing for New York to do,” Bezos said in an interview on CNBC on Wednesday.

Bezos, who resides in Florida but owns propertyin New York City, would likely be one of the homeowners responsible for paying the new tax. He had purchased three condos in Manhattan’s Flatiron neighborhood with a total value of about ...