Hochul Says No to Income Tax Hike as NY Budget Talks Continue

New York Gov. Kathy Hochul (D) reaffirmed her opposition to increasing income taxes on high-earners as lawmakers negotiate a final budget plan ahead of an April 1 deadline.

“We’ll work with the legislature on funding, but I have said I’m not raising income taxes because I will cut income taxes instead,” she told reporters Tuesday. “That’s how I’m going to keep people here.”

Her comments come after the state Senate and Assembly passed budget resolutions March 13 that would hike tax rates for wealthy New Yorkers, underscoring how she is drawing a hard line on one of their largest proposed ...