Hochul says she does not want to raise taxes on New York’s wealthy residents (Florida: income)

[Aeran]

We shall see.

https://www.amny.com/news/gov-hochul...s-on-the-rich/

Governor Kathy Hochul has no interest in raising taxes on New York’s richest, saying during a Thursday interview that the well-heeled will take off for other states.

“I’m not interested in driving people out of this state. I believe that we have the right balance right now,” Hochul said in a webinar hosted by City and State on Nov. 4.

The governor echoed talking points of her predecessor Andrew Cuomo, saying if asked to pay more in taxes, deep-pocketed residents would leave the Empire State for Florida, which has no state income tax.

“Those individuals, high-net-worth individuals, allow us to have the revenue generated as well as their many philanthropic contributions that I need to be able to support the progressive programs I want to have funded,” she said. “Having them live in Florida and become Florida residents does not help us.”

[JWRocks]

Originally Posted by Aeran

We shall see.

https://www.amny.com/news/gov-hochul...s-on-the-rich/

Governor Kathy Hochul has no interest in raising taxes on New York’s richest, saying during a Thursday interview that the well-heeled will take off for other states.

“I’m not interested in driving people out of this state. I believe that we have the right balance right now,” Hochul said in a webinar hosted by City and State on Nov. 4.

The governor echoed talking points of her predecessor Andrew Cuomo, saying if asked to pay more in taxes, deep-pocketed residents would leave the Empire State for Florida, which has no state income tax.

“Those individuals, high-net-worth individuals, allow us to have the revenue generated as well as their many philanthropic contributions that I need to be able to support the progressive programs I want to have funded,” she said. “Having them live in Florida and become Florida residents does not help us.”

If you don't want to raise taxes, just stop spending!!!!!

Sounds like what she's saying is let's raise the taxes on the middle class, because they don't have the resources to leave. How cynical.

[Interlude]

Of course she doesn't. Super-rich coastal elites (and poor minorities who don't pay taxes) are the Democratic Party power base.