Democrats’ taxing binge push

Effort continues as New York Mayor Zohran Mamdani and New York Gov. Kathy Hochul back off some tax hikes.

WSJ columnists Jason Riley, Kim Strassel, and Kyle Peterson discuss the Democratic "taxing binge" in New York. Governor Kathy Hochul considers delaying climate law costs, while Mayor Zoran Mamdani reverses property tax hike plans. States like Washington, with a 10% capital gains tax, also face tax revolts, impacting middle-class families and driving businesses out of high-tax blue states.