From the New York Post: Gov. Kathy Hochul has admitted socialist mayoral frontrunner Zohran Mamdani’s “tax the rich” plan would hurt middle class New Yorkers — as she insisted she has zero plans to hike taxes.
Hochul doubled down on her tax stance after she was bombarded with “tax the rich” chants when she appeared at Mamdani’s campaign rally over the weekend.
The governor told the “Raging Moderates” podcast earlier this week that she was concerned the 1.5% of wealthy New Yorkers who would be effected by Mamdani’s plan would just flee the Empire State.
“1.5% of New Yorkers cover about a third of our budget — that’s enormous. I’m concerned about out-migration of people of the ones who are supporting our budget,” she said.
“I cannot make up for that with middle-class tax increases. I cannot do that to the middle class and the struggling New Yorkers.”
The report notes that Hochul delayed endorsing Mamdani for several months because of his tax-the-rich agenda.
Now that she has finally endorsed him, and urged people to vote for him at a huge rally last weekend, she is still pushing back on the key solution he is touting as a way to pay for all the free services he is promising voters.
Hochul made the admission while speaking to fellow Democrat Jessica Tarlov on her podcast, “Raging Moderates.” Tarlov is also a co-host on Fox News’ “The Five” show.
Will Governor Hochul go along with Zohran Mamdani’s plan to tax the rich?
She joins me to discuss: pic.twitter.com/FQyxqEcb7Z
— Jessica Tarlov (@JessicaTarlov) October 29, 2025
Below are just a few of the many reactions being posted on social media to Hochul’s comments:
He might not be able to raise corporate taxes but he’s going to defund the police and empty out the prisons and raise local taxes on NYC. These are things he can do. Rent control and government run grocery store are coming to NYC
— tugiep8 (@tugiep) October 31, 2025
Knowing that he can’t do much of what he’s promising, why did she then endorse him?
— Steven Kerwin (@StevenKerwin) October 31, 2025
Seasoned Democrats know what Zohran Mamdani is pitching in NYC will fail. Throughout history, socialism has never worked.
It’s always inexperienced frauds like Mamdani who think they’re the ones who’ll get it “right.”
That’s why Hochul is distancing herself from the Socialist.
— Paul A. Szypula 🇺🇸 (@Bubblebathgirl) October 31, 2025
On Monday, she cheers for “Tax the Rich.” By Wednesday, she admits those same rich people are the only thing keeping the state afloat. They play revolutionary for the cameras and then cry about the budget in private. It’s a calculated fraud, not a policy debate.
— Kentucky (@KentuckyKOT) October 31, 2025
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