Back to today’s briefing

Story perspectives

Hochul Urges Rich to Return; Blakeman Promises Tax Cuts

3/20/2026

31 5 Full Breakdown

Summary

Story summary

New York Governor Kathy Hochul urged wealthy individuals to return to New York to support social programs, citing an eroded tax base at a Politico event.
She noted competition from states with lower tax burdens.
Republican gubernatorial candidate Bruce Blakeman criticized Hochul's remarks, saying high taxes drive residents away, and pledged significant tax cuts and reduced property taxes to improve affordability.

1 of 1

Story summary

New York Governor Kathy Hochul urged wealthy individuals to return to New York to support social programs, citing an eroded tax base at a Politico event.
She noted competition from states with lower tax burdens.
Republican gubernatorial candidate Bruce Blakeman criticized Hochul's remarks, saying high taxes drive residents away, and pledged significant tax cuts and reduced property taxes to improve affordability.