World news and discussion on TalkFuse.
Hochul teases new taxes to fund Mamdani’s free childcare plan — as DSA continues pressure to ‘tax the rich’
New York Governor Kathy Hochul said she was open to considering new taxes to sustain Mayor Zohran Mamdani’s universal childcare programme, though she offered no specifics. The comments suggest a possible shift from Hochul’s campaign pledge against new taxes and come amid pressure from Mamdani and his Democratic Socialist allies to raise levies on wealthy residents.
Hochul said the state would outline a “path forward” in her 2027 State of the State address. City childcare funding is currently budgeted through 2028, and she said she wanted a sustainable plan that would fund the programme for future generations. Mamdani reaffirmed his support for taxing the rich and said he looked forward to working with Hochul.
In short
- Hochul is open to new taxes for universal childcare.
- Current city funding is budgeted through 2028.
- She says a longer-term plan will be outlined in 2027.
Steelman: both sides, in good faith
The strongest fair case each way — we don't pick a winner.
The case for
A universal childcare programme can make early education and care accessible regardless of family income, while helping parents work and easing household costs. Supporters argue that higher taxes on wealthy residents could provide a durable public funding stream, spreading the cost according to ability to pay rather than relying on short-term budgets.
The case against
Opponents can argue that creating an ongoing programme before identifying a sustainable funding source risks future service cuts or pressure on other public priorities. They may also contend that new taxes could discourage investment or burden residents and businesses, and that the state should first assess existing revenues and spending before raising levies.