Across the nation, states are fiercely competing for companies and population by slashing taxes.

Gov. Kathy Hochul is dooming New York to be the loser.

In 2026, eight states are cutting their income taxes, and four others are reducing corporate tax rates.

South Carolina is pushing ahead on legislation to phase out its income tax entirely over the next few years, joining nine other income-tax-free states.

That’s bad news for New York.

Saddled with a spendaholic governor and Legislature, the Empire State is becoming increasingly unattractive to newcomers and businesses alike.

On Tuesday, Hochul unveiled a record-breaking $260 billion state budget plan — 2½ times the size of Florida’s, despite Florida’s larger population. 

She may not want you to notice, but her budget has a gaping hole: Spending exceeds predicted revenues by a staggering $27.5 billion through 2030.

What will plug that hole? 

Slap your face for saying the unmentionable: tax hikes. 

Hochul’s position on raising taxes is a red flag that New York state’s worst is yet to come.

She’s previously hinted at raising the corporate tax rate this year — perhaps the most damaging thing you can do to a state’s economy.

Her........

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