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Hochul pressed to raise rates on upper tax brackets

Summary by WTEN
ALBANY, N.Y. (NEXSTAR) — While Gov. Kathy Hochul proposed middle-class tax cuts, expanded child tax credits, and a $3 billion inflation rebate in her 2025 State of the State address, she avoided measures targeting billionaires and high-earning corporations. Critics argued that she'd have a greater impact if she funded anti-poverty measures through higher taxes on the wealthiest New Yorkers and the most profitable industries. Get the latest …
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