The statement combines two claims: (1) that Hochul pushed for a new tax on second homes in New York City, and (2) that she warned more tax increases on millionaires/billionaires could hollow out the state's tax base. The second claim is a generic warning that could be consistent with various statements, but the first claim about a specific 'new tax on second homes in NYC' is not accurate—New York City does not have a specific new tax on second homes, and while there have been proposals for pied-à-terre taxes or mansion taxes, Hochul has not notably 'pushed for' such a tax. Without a verifiable source confirming both claims, the statement as presented is FALSE.

There is no verifiable record of Governor Kathy Hochul pushing for a new tax on second homes in New York City or warning that further taxes on millionaires/billionaires would hollow out the state's tax base as of mid‑2024; the alleged 2026 statement cannot be confirmed.

Governor Hochul has supported the NYC “mansion tax” on high‑value properties, but there is no record of her specifically pushing a new tax targeting second homes. The statement conflates her broader housing tax stance with a second‑home tax, making the claim inaccurate.

The statement is dated May 2, 2026, which is in the future, making it unverifiable as a factual claim. Additionally, there is no evidence that Kathy Hochul specifically pushed for a second home tax in NYC or made this exact warning about millionaires and billionaires hollowing out the tax base.