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Hochul claims she’s against tax hikes for wealthy, businesses after pushing through new NYC fee for luxury 2nd homes

First publishedJul 15, 18:42 UTC
Last updatedJul 15, 20:23 UTC · 7m ago
11 outletNew York Post
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Hochul claims she’s against tax hikes for wealthy, businesses after pushing through new NYC fee for luxury 2nd homes
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Kathy Hochul boasted that she’s against the “tax the rich” crusade that’s a rallying cry for Mayor Zohran Mamdani and his socialist cronies — even though she pushed through a new tax on luxury second homes in the city. The Democratic governor said she didn’t thinking squeezing millionaires and billionaires was necessary to stop an exodus of New Yorkers to less expensive states.

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Kathy Hochul boasted that she’s against the “tax the rich” crusade that’s a rallying cry for Mayor Zohran Mamdani and his socialist cronies — even though she pushed through a new tax on luxury second homes in the city. The Democratic governor said she didn’t thinking squeezing millionaires and billionaires was necessary to stop an exodus of New Yorkers to less expensive states. Follow live updates on Mayor Zohran Mamdani’s socialist agenda and the latest in NYC politics “We should not be raising taxes on high-net-worth individuals,” Hochul told FOX5’s “Good Day New York” Wednesday morning. “We should not be raising taxes on the companies that are creating the jobs and generating the revenue that helps us pay for the services that people in New York City come to rely on.” Hochul had been asked about a damning report from the Citizens Budget Commission showing New York lagging behind the US on population and GDP growth.

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What's the story?
Kathy Hochul boasted that she’s against the “tax the rich” crusade that’s a rallying cry for Mayor Zohran Mamdani and his socialist cronies — even though she pushed through a new tax on luxury second homes in the city. The Democratic governor said she didn’t thinking squeezing millionaires and billionaires was necessary to stop an exodus of New Yorkers to less expensive states.
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1 outlet, average source rating 5.0/10.
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7m ago.
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    Hochul claims she’s against tax hikes for wealthy, businesses after pushing through new NYC fee for luxury 2nd homes

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