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In today’s CapCon, Gov. Kathy Hochul poured cold water on plans from Democrats in the state Legislature to push for an expansion upstate of New York City’s new tax on high-value second homes.
Then, New York’s share of millionaires has grown, according to a new analysis of federal data, outpacing Texas. Here’s why that matters.
Later, Nassau County Executive Bruce Blakeman said he’s decided to end his county’s formal agreements with ICE in compliance of a new state law but is joining a lawsuit to reverse it.
Plus, Democrats in the state Legislature are calling on Hochul to sign a bill that would require data from business on how their use of AI is affecting workers. Business groups oppose it, calling it another bureaucratic burden.
Names in today’s CapCon: Kathy Hochul, Zohran Mamdani, Pat Fahy, Andrew Rein, Bruce Blakeman, Robert Matarazzo, Harry Bronson, Michelle Hinchey
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