Hochul Says as ‘Staunch Capitalist’ She’d Work With Mamdani (1)

New York Governor Kathy Hochul said she’s a “staunch capitalist” opposed to higher taxes and would work to ensure New York remains attractive to businesses if democratic socialist Zohran Mamdani is elected mayor of New York City.

Businesses need to know “that the city of New York, as powerful and mighty as it is, is still a subdivision of the state, so any tax increase has to come across my desk first,” Hochul said Wednesday in an interview with Bloomberg TV.

Mamdani, a member of the state assembly, has said he’ll push for an increase in the state’s corporate ...