Source: Fox News
by Steve Forbes
“New York Governor Kathy Hochul’s recent plea for wealthy residents to return to the Empire State reveals more than she likely intended. When a state’s chief executive effectively says, ‘We need your money,’ it’s not a sign of strength, it’s an admission that the model is broken. Her plea to well-to-do former residents comes across as a comedy skit: New York is already overtaxed and overregulated, but please come back as we are in the process of enacting higher taxes and imposing more anti-growth regulations. For years, New York has operated under the illusion that ever-higher taxes and ever-expanding government services can coexist with economic dynamism. That illusion is now colliding with reality.” (03/25/26)
https://www.foxnews.com/opinion/steve-forbes-drive-out-wealth-then-beg-hochuls-new-york-nutshell