Potential GOP challenger warns Hochul that a corporate tax hike would be a 'disaster' for New York's economy

Fox NewsTuesday, November 18, 2025 at 12:00:57 PM
NegativeU.S News
Potential GOP challenger warns Hochul that a corporate tax hike would be a 'disaster' for New York's economy
  • Nassau County Executive Bruce Blakeman has publicly condemned Governor Kathy Hochul's potential plan to raise corporate taxes, arguing that it would severely damage New York's economic landscape. He emphasized that increased taxation could lead to negative repercussions for businesses and overall economic stability in the region.
  • This development is significant as it reflects ongoing tensions between state leadership and local officials regarding fiscal policy. Blakeman's warning serves as a cautionary note for policymakers, indicating that tax hikes may not only affect corporate entities but also the broader economic environment, potentially leading to reduced investment and job losses.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Hochul leading Stefanik by 20 points in NY governor race: Survey
PositiveU.S News
New York Governor Kathy Hochul (D) is leading Rep. Elise Stefanik (R-N.Y.) by 20 points in the upcoming governor's race, according to a recent Siena Research Institute poll. The survey indicates that Hochul holds a significant advantage as she seeks re-election nearly a year before the election, with 52% of respondents supporting her compared to 32% for Stefanik.
Illegal immigrant accused of grabbing ICE officer's taser while shouting 'Allahu akbar' during arrest
NegativeU.S News
Saim Irgi, a 39-year-old illegal immigrant from Turkey with prior assault charges, was arrested by ICE in Buffalo, New York. During the arrest, he allegedly fought with officers and attempted to grab an ICE officer's taser while shouting 'Allahu akbar'. This incident highlights ongoing concerns regarding illegal immigration and public safety.
Marijuana prices plummet 17% in New York as legal market ramps up: ‘Competition is high’
PositiveU.S News
Marijuana prices in New York have decreased by 17% since 2023, according to industry officials. This decline is attributed to the ramp-up of the legal cannabis market, which has led to an increase in the availability of various cannabis brands across more retail locations. As competition intensifies among suppliers, consumers are benefiting from lower prices for marijuana products.
Labubu and 'KPop Demon Hunters' to dazzle at Macy's Thanksgiving Day Parade. Here's what to know
PositiveU.S News
Labubu and 'KPop Demon Hunters' will be featured in this year's Macy's Thanksgiving Day Parade in New York, showcasing two significant cultural phenomena that have gained popularity in 2025. The parade, a long-standing tradition, is expected to attract large crowds and highlight the vibrant intersection of pop culture and festive celebrations. This year's event promises to be a visual spectacle, celebrating diverse entertainment forms.
NY Gov. Kathy Hochul enlists Wall Street execs to talk Trump out of sending National Guard to NYC: report
NegativeU.S News
New York Governor Kathy Hochul has reached out to Wall Street executives in an effort to persuade the Trump administration against deploying the National Guard to New York City. This initiative comes amid rising tensions and concerns about the potential impact of federal troops on the city’s stability and public safety. Hochul's outreach reflects her administration's proactive approach to managing the situation and maintaining order in the city.
New York governor calls mayoral race fallout ‘hysteria’
NeutralU.S News
ATLANTA — Governor Kathy Hochul (D) expressed her willingness to collaborate with Mayor-elect Zohran Mamdani, despite differing views on certain policies, such as his proposal for 'fast and free' city buses. Hochul described the reactions to Mamdani's election as 'hysteria' but emphasized her readiness to work together for the city's future.
Elise Stefanik gains ground on Gov. Hochul in head-to-head 2026 match-up — as more independents lean red: poll
NegativeU.S News
Governor Kathy Hochul is facing challenges in her re-election bid as a new poll indicates that Republican contender Elise Stefanik is gaining traction among New York's independent voters. This shift in support could significantly impact the dynamics of the upcoming general election, suggesting a competitive race ahead for Hochul.
Judge dismisses Trump suit against NY law blocking courthouse immigration arrests
NegativeU.S News
A federal judge dismissed the Trump administration's lawsuit against a New York law that prevents immigration arrests at state courthouses. U.S. District Judge Mae D'Agostino ruled that the law does not create unconstitutional barriers to immigration enforcement and is not overridden by federal law. This decision is seen as a significant setback for the Trump administration's immigration policies, which have faced numerous legal challenges.