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

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