New York High-Net-Worth Residency and Tax Revenue
March 18 – March 20, 2026
Governor Kathy Hochul is urging high-net-worth individuals who relocated to other states to return to New York. The governor emphasizes that their tax contributions are essential to maintaining funding for state social programs.
3 Articles
Hochul's taxing sarcasm
GOP's Bruce Blakeman gives Hochul brutal reality check on her plea for rich people to return to NY
Hochul Begs Rich New Yorkers To Return From Florida, Admits High Taxes Chased Them Away
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