Today, Governor Kathy Hochul delivered her third State of the State address from the Assembly chamber in the Capitol during a joint session of the Assembly and Senate. During the State of the State, the Governor focused on a goal of making New York a more affordable place to live. The State of the State contained numerous policy proposals, and the Governor also made clear that the economic outlook for 2024 is far less rosy than it was in 2023. Nonetheless, the Governor announced that she will not be proposing or supporting an increase in personal income taxes.
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