US News Metro Long Island Politics

Sports NFL MLB Olympics NBA NHL College Football College Basketball WNBA

Business Personal Finance

Entertainment TV Movies Music Celebrities Awards Theater

Lifestyle Weird But True Sex & Relationships Viral Trends Human Interest Parenting Fashion & Beauty Food & Drink Travel

Health Wellness Fitness Health Care Medicine Men’s Health Women’s Health Mental Health Nutrition

Science Space Environment Wildlife Archaeology

Today’s Paper Covers Columnists Horoscopes Crosswords & Games Sports Odds Podcasts Careers

Email Newsletters Official Store Home Delivery Tips

Switch between CA and NY editions here.

Hochul’s stealth business-tax hike proves she doesn’t care about NY’s future

Ouch: Embracing a special NYC pied-a-terre levy turns out not to be Gov. Kathy Hochul’s only violation of her “no new taxes” vows — nor even the first or the biggest.

Her GOP challenger, Nassau County Executive Bruce Blakeman, is calling out the gov’s plan to squeeze $1.68 billion out of job-creators and innovators, by decoupling New York’s tax code from the federal rules on business deductions for research and development costs.

President Donald Trump’s One Big Beautiful Bill Act last year allowed an immediate deduction of R&D costs; Hochul slipped a New York opt-out into her 2027 proposed budget — and the tax-loving Legislature is........

© New York Post