New York Governor Kathy Hochul is sounding the alarm—and the message is raising eyebrows nationwide. Speaking on March 11 at the Politico New York Agenda: Albany Summit, Hochul openly called on wealthy Americans to return from low-tax havens like Florida, arguing their dollars are urgently needed to sustain the state’s expansive social programs.
“I need people who are high-net worth to support the generous social programs that we want to have in our state, right?” Hochul said during a fireside chat. Then came the blunt pitch: “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.”
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