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Kathy Hochul: “Our tax base has been eroded.”

Featuring: Kathy Hochul, Democratic | Governor of New York

Governor Hochul Participates in a Fireside Chat at Politico's New York Agenda: Albany Summit

Published March 11, 2026 | Video Starts at 06:43

But maybe the first step should be go down to Palm beach and see who you can bring back home because Our tax base has been eroded. So I feel soft. We don't have a problem. It is like I have to look at the fact that we are in competition with other states who have less of a tax burden on their corporations and their individuals. (06:43–06:46)

CLAIM

Asserts that New York's tax base has been eroded.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Kathy Hochul

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“We are putting $5 million toward building more soccer fields around the state.”
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“I have made significant investments in the Olympic facilities.”
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“We are in competition with other states who have less of a tax burden on their corporations and their individuals.”
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“Wall street businesses [are] looking at Texas, they're not going there because they have a nicer governor. I know that for sure. But they're…”
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“A judge in October said, you know, you have to have the new regulations in place by February.”
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“I have an April deadline to meet what a judge has told us we have to do.”
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“We are promoting an all the above approach, which, yes, we want it to be all renewables.”
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“Congestion pricing was a major goal of the environmentalists to protect our planet as well as invest in infrastructure.”
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