Want to create an interactive transcript for this episode?
Podcast: News For Reasonable People
Episode: HOCHUL BEGS FLEEING WEALTHY: "COME BACK & PAY MY TAXES!"—NY Tax Nightmare EXPOSED
Description: New York Governor Kathy Hochul is now pleading with wealthy residents to return to the state after previously encouraging Republicans to leave for Florida. This comes after New York experienced a significant loss of population and wealth, with approximately $13.7 billion in personal income fleeing to Florida between 2018 and 2022. The exodus is attributed to New York's high taxes and Democratic policies, contrasting with the lower taxes and Republican governance in states like Florida and Texas. Hochul's plea highlights the financial strain on New York, as state spending continues to outpace revenue. The situation raises questions about the sustainability of New...