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politics23h ago
Hochuls rake in $1.86 million in income in 2025, tax documents show
- Governor Kathy Hochul and her husband reported a combined income of over $1.86 million for 2025.
- The couple list Buffalo as their primary residence but spent 12 months in New York City, affecting tax rates.
- William Hochul earned about $1.3 million at the law firm Davis Polk & Wardwell.
- The Hochuls paid $592,000 in federal tax, $117,000 to New York state, and $66,000 to the city.
- They donated just over $78,000 to charity, including Planned Parenthood and Covenant House.
- The report notes investments in foreign countries and assets, with more details due in a May ethics filing.
- Governor Hochul’s opponent, Bruce Blakeman, did not release his taxes by the report date.
- The Hochuls own a home in Buffalo and a vacation property in Virginia, plus a Manhattan rental.
- The First Gentleman received a pension of about $48,000 and a deferred payment of $102,960.
- The Hochuls are reported to have investments in foreign countries including Canada and the United Kingdom.
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