(Vaughn Golden’s post from THE YAHOO NEWS on 19 March 2026.)
Desperate
Hochul begs wealthy New Yorkers to come back — as Mamdani pressures her to hike
their taxes: NY Gov. Kathy Hochul is urging wealthy New Yorkers who have left
the city to return, citing competition with other states with lower tax
burdens.
NY State Gov. Kathy Hochul is begging wealthy New Yorkers who fled the city to encourage their rich pals to come back and continue padding the Empire State’s lavish public handouts. Hochul made the case against caving to Mayor Zohran Mamdani’s demands that she hike income taxes — by saying she not only wants fat cats to stay in the city, but also by clawing at those who have moved to states with better business climates like Florida.
“Maybe the first step should be to go down to Palm Beach and see who we can bring back home because our tax base has been eroded,” the Democratic governor said at a forum hosted by Politico last week. “I have to look at the fact that we are in competition with other states who have less of a tax burden on their corporations and their individuals,” she said.








