ALBANY – Gov. Kathy Hochul and her husband, Bill, brought home much more bacon in 2023 than the year before.
The couple made around $2 million in adjusted gross income in 2023, up a staggering $1 million from 2022, media reports covering the pair’s tax returns indicate.
New York Republicans blasted the Hochuls.
“It’s not surprising that Kathy Hochul and her husband took home millions of dollars after she used her powers as governor to benefit her husband’s employer — but it is corrupt and disgraceful,” said David Laska, spokesperson for the New York State Republican Party. “While citizens and businesses continue to flee the state, Kathy Hochul is only concerned about her own bottom line.”
The Hochuls’ tax return reportedly shows the governor, who is in the second year of her first full term, and her husband paid $610,000 in federal taxes and $123,090 in state taxes.
Once again, the first gentleman of New York was the clear breadwinner, notching roughly $1.5 million from employer Delaware North, which he left in the summer, according to City & State. In 2022, he garnered $650,375 from his job.
The Hochuls made more donations in 2023. They contributed $84,780 via stocks to various organizations last year, including 40 shares of Microsoft, valued at roughly $14,000 at the time, to the Franciscan Sisters of St. Joseph in Hamburg, the tax documents cited by Gothamist indicate. In 2022, they contributed $58,424 in charitable gifts.
Governors do not have to make their tax returns public.
Bill Hochul claimed additional income in 2023: $80,579 in deferred payments from Delaware North and $45,544 in pension payouts from his time as a federal prosecutor.
The couple saw an additional $43,292 in dividends and $18,756 in interest paid, City & State determined.