

The Democrat Governor of New York, Kathy Hochul, is learning a valuable lesson. And what is the lesson you may ask? That rich people are good at staying rich.
Watch:
Kathy Hochul making a weak plea for wealthy people who have left New York (to red states like Florida) to come back to pay their high taxes to fund failing (unaccountable) social programs:
— Matt Whitlock (@MattWhitlock) March 18, 2026
“I need people who are high net worth to support the generous social programs we have in… pic.twitter.com/7quhsFyWyn
Saying “…our tax base has been eroded…” is politician speak for, “We tried to make wealthy individuals pay out the nose to live here, and they left.”
I love how Democrats will run a state into the ground with their policies and then blame business owners for leaving.
High-net-worth individuals often become high-net-worth individuals in the first place because they are financially savvy. And financially savvy people do their business in states with less tax burden. It isn’t rocket science.
New York City and New York state feel like giant “socialism-lite” experiments these days. Spoiler: it never ends well.
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