Holy crapola, wouldn’t this be a gift to Elise Stefanik and every Republican who is already on pins and needles waiting for the Mamdani Man to take over in the Big Apple?
This was yesterday.
Governor Kathy Hochul says she WON’T allow Zohran Mamdani to increase taxes, so he can provide free things..
This is going to be hilarious. pic.twitter.com/QH01iV8kD0
— American AF 🇺🇸 (@iAnonPatriot) November 13, 2025
ONE ENERGETIC RALLY DOES NOT GET ME TO CHANGE MY POSITIONS
Twenty-four hours later, some news is breaking today that puts that bold stance into question.
Is Hochul really this craven a coward?
IS SHE REALLY THIS STUPID?
Survey says:
WE DONE FOUND OURSELVES ANOTHER MOO-RON
Hochul Mulls Business Tax Hike to Fund Budget, Mamdani Plans
New York Governor Kathy Hochul is considering raising corporate taxes as part of broader efforts to close a potential budget shortfall and help fund some of Zohran Mamdani’s agenda as New York City mayor, according to a person with knowledge of the matter.
Hochul, who endorsed Mamdani’s candidacy before the Nov. 4 election, is weighing additional levies to help fund universal childcare, one of Mamdani’s core priorities, said the person. The governor is also weighing several other potential sources of revenue, said the person, who asked not to be identified because discussions on the matter are private and in early stages.
What does that mean in actual terms for businesses in the city and the NYC metro area?
Bring plenty of bandages.
…Mamdani has said he wants to lift the top state corporate tax rate to 11.5% from 7.25% to match New Jersey. For businesses in New York City, that would mean a combined effective tax rate of nearly 19%, the highest in the country. In an interview with Bloomberg in September, Hochul said she was “very sensitive to competitiveness with other states.”
I have to wonder if this leak is a trial balloon so Hochul can point to the mushroom clouds that rise over the city in response as a reason to tell the Commie-man that he’s out of luck on his little socialist wishlist of gimmes-giveaways.
Hochuls’ administration is also sweating the impact of unknown numbers of Trump administration cutbacks, leaving them in a bind for planning a budget that already has a pretty good hole in it.
…But the full impact of Trump’s cuts isn’t fully understood and the state will have several items to tackle next year, according to the person close to Hochul. The state projects a total $4.2 billion budget gap for fiscal 2027.
The other difficulty with even floating a tentative plan of this nature, however tiny the proposed tax bump up might be, is that the state (and the city by extension) already has a well-established and horrendous reputation as a terribly unfriendly place to do business. Alarming numbers of residents and companies have already been marching with their feet and assets to far less hostile territory. Even the whiff of yet more taxpayer abuse in the works could spook a larger rush to the exits, and that the state simply cannot afford.
But dang, they do not seem able to help themselves.
A new report from the Public Policy Institute of New York State concludes that the local business climate drives away businesses and forces out residents. The report, titled “Blueprint for New York – Creating a Roadmap for Change,” found that only 2% of business owners surveyed felt that Albany lawmakers represent their interests.
Among business leaders, 72% don’t believe New York’s economic conditions are good. Only 21% believe the state is on the right track, and just 3% feel that regulators understand and support their businesses.
…The report asserts that New York has lost its competitive edge, with a local economy in freefall. For starters, we ranked 50th in both migration and taxation for the 2020 to 2022 period, meaning we lost more people and had higher individual taxes than any other state, according to the report.
…Many business leaders said in the report that New York’s taxes and regulations make it too expensive and difficult to run a business. We have over 300,000 regulations, and the proprietors surveyed wanted fewer state and local regulations and lower business taxes from the state.
The report also warned about expensive worker’s compensation and health insurance claims to employees. In 2022, New York had the 14th-most expensive workers’ compensation costs in the nation, and in 2024, our workers’ comp premium rates were 182% of the national average, also among the highest. Health insurance is also higher for New York business owners, compared to the national average.
…The state also ranks in the bottom third for individual income, sales, property, and unemployment insurance taxes. The report says that these issues contribute to population decline.
New York needs to be bending over to keep every last working taxpayer in the state it possibly can vice doing everything in its power to make life so excruciating, residents feel they have no option but to permanently exit the pattern.
So why would Hochul even take a chance on having a tax increase attached to her name unless she, like so many of the establishment Democrats, is running scared of the progressives?
Besides giving the green light to one natural gas pipeline in exchange for the Department of the Interior’s okay on the Empire Wind offshore project, Hochul is in hot water at the moment with the radicals on the left for delaying the ruinously expensive transition from gas to electric, which the state had mandated would begin in January. The climate cultists are going nuts over it, while landlords and owners are breathing a small sigh of tentative relief. Nothing’s done yet – just on hold.
…The New York leader faced attacks from both sides of the aisle this week when her administration revealed it was stalling the implementation of the All-Electric Buildings Act that includes a controversial ban on installing gas stoves in newly built homes.
The law was supposed to start in January for new buildings up to seven stories, and then for all other buildings in 2029, but state lawyers agreed in a court filing to a delay amid an ongoing court fight challenging the law.
Environmentalists slammed Hochul for pushing off much needed green initiatives while Republicans, like GOP candidate for governor, upstate Rep. Elise Stefanik, accused her of cynically slowing the roll-out ahead of her re-election in 2026.
There’s no arguing with these people, you know?
…“Delaying the All Electric Buildings Act will keep us stuck in a fossil fuel past we can’t afford,” said Katherine Nadeau, deputy executive director of policy and programs at the organization.
It’s going to be a stampede to the doors.
What a fun place New York is going to be when the last rational person left turns off the lights as they leave.
The loons that are going to be left have never had the first clue how any of it worked – they only knew it did.
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