Overview
- Gov. Kathy Hochul said New York needs more high‑net‑worth residents to fund generous programs and urged supporters to bring people back from Palm Beach.
- She warned that the tax base has weakened as remote work and lower‑tax states make it easier for firms and top earners to leave.
- Fox News opinion writers fault high taxes, strict rules, and faster state spending growth for the exodus, citing claims of roughly 20% higher outlays and the nation’s highest Medicaid costs per recipient.
- Yahoo Finance noted the contrast with Hochul’s 2022 remark telling some New Yorkers to “jump on a bus” to Florida.
- The clash comes as state budget talks near the April 1 deadline, with lawmakers pushing new taxes on top earners and the governor resisting broad income‑tax hikes.