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Welcome back. Desperate for dollars. New York governor Kathy Hochul now begging wealthy residents to come back to the liberal state after telling Republicans to get out of town just four years ago. Watch this. Just jump on a bus and head down to Florida where you belong, okay? Get out of town. Get out of town. I need people who are high net worth to support the generous social programs that we want to have in our state, right? Now there are some patriotic millionaires who stepped up. Okay, cut me the checks. I mean just if you want to be supportive but maybe the first step should be go down to Palm Beach and see who you can bring back home because our tax base has been eroded. Wow that'll be a hard sell for top earners as New York City Mayor Zoran Mamdani pushes a nine and a half percent property tax increase on residents to fill the city's more than five billion dollar deficit hole. Joining me now is New York Congresswoman Elise Stefano. Congressman, great to see you. Thank you so much for being here. Great to be with you, Maria. Well the funny thing is everything's on tape so we know what Kathy Hochul said initially and now we know she's begging everybody to come back. That's right and the reason why people have left New York in such a historic number is highest taxes, highest insurance costs, highest health care costs, most regulatory burden for small businesses. So there has been a mass exodus. We've lost a congressional seat in redistricting as a result of this. So people are fleeing the failed policies of single-party democrat socialist rule in New York and Kathy Hochul owns that. It's why she's the worst governor in America and now you have a mayor of New York City who is proposing even higher taxes that are only going to fuel people leaving New York. But it's really shocking to watch that clip to hear her tell people to leave and begging them for them to come back. It really is. Do you think after if she wins this race that she'll go back and just agree with Zora and Mamdani and everything? She's just telling us that she's against stuff and then after the election she just goes back to who we know she is? Well look at the president. She did this with congestion pricing when she said she's not going to increase congestion pricing. As soon as the election was over she went ahead and raised those and that is a tax on commuters. It's a tax on workers. I fear and my concern is she's going to do that on energy issues where she is kicking the can down the road on this natural gas ban. She has every intention of implementing that after the election and every intention of raising taxes. Meanwhile you look at states like Florida where you continue to see businesses population moving there because of the very friendly economic climate. So this is what single party rule leads to. The New York Post calling out socialist mayor Zoran Mamdani for his new budget proposal writing quote Mamdani hasn't offered any fresh thoughts since dropping a quote-unquote helpful list of taxes that the legislature or city council could increase to gin up more cash for him to spend. He'd rather tax the rich but is willing to tax everyone whatever it takes. Joining me now to break this all down is Democratic strategist Melissa DeRosa. Melissa the best part about this article in the Post is this juxtaposition. You have the progressive controller progressive telling the socialist mayor hey bro you're spending way too much money. So looking ahead and broadening this out to the entire country. Is this the kind of Democratic leadership coming to a city or state near you with the midterms literally right around the corner? Good morning and thank you for having me. Well look he perfectly is he clearly is the perfect foil for every Republican around the country. And just to put this budget into context 10 years ago in Mayor Bloomberg's last year as mayor the size of the New York City budget was 70 billion dollars. What Zoran is proposing is 128 billion dollar budget which means the budget has grown almost 50 percent in the length of 10 years and it's larger than the entire state of Florida which has I believe around 30 million people in New York City has eight and a half million people. So it certainly does embody all of the worst stereotypes about Democrats. Tax and spend. Reckless. Lighting your money on fire. Feeling resentful towards the government that doesn't give back to you. And on top of it Zoran who ran on tax the rich tax the rich tax the rich is now to the point of your lead in saying tax literally everyone soup to nuts. And so it's a very bad situation here in New York. It begs the question for me who is getting this money in reality because we know that you always hear all the poor people are going to get them. They never end up getting the money. The working class never ends up getting the money. The middle class never ends up getting money. So who's making money off of that increase that you just highlighted. Well look a lot of it is unions right. Such a large percentage of spending in New York City goes towards education. And in New York City we spend more per pupil heads and shoulders above the rest of the country. And yet our results consistently are in the middle of the pack. And so a lot of this is frankly wrought within the system within the pension system within all of the perks that that the unions are doling out to their members and that politicians sort of buy in exchange for their endorsements. And then you don't see the results. And so in a few short months since Zoran has been in office we've seen garbage collection get worse. We've seen a snowstorm that resulted in night between 19 and 26 deaths depending on how you're counting them that were totally avoidable. It was based on liberal policy of people who are allowed to die on the streets. And now you're seeing a situation where not one not two not three but four national credit rating agencies are giving warnings of a bond downgrade because of the budget the budget math that he is playing. And the controller put it pretty perfectly when he was on television over the weekend. He said quite simply we are spending more than we are taking in. The math is not mapping. Every other family in America sits around the table and makes tough decisions except the New York City government. And so it'll be an interesting ride to see where this goes. But to your point he's no longer talking about tax the rich. He's saying property taxes which affects everyone who is a team the dream of homeownership to the tune of nine and a half percent which is outrageous. He's talking about the estate tax which means and not just the estate tax at five million dollars lowering that threshold to 750. That's insane. That's the value of someone's home. It's crazy and cutting it in half 50 percent. So the idea that you could leave your family anything when you die is out the window. It's completely out the window. It's just it's a it's a mess. Melissa we got to leave it there because we're running up against Fox and now the question becomes does Albany cave to Zora Mamdani. We'll have you back because I know you know a little something about Albany. Melissa thank you. If you enjoy this content please consider subscribing to my channel to stay up to date with future videos. Thank you for watching.