ALBANY – Gov. Kathy Hochul and her husband Bill brought home far more bacon in 2023 than the year before.
According to media reports covering the couple’s tax returns, the couple had an adjusted gross income of approximately $2 million in 2023, an increase of $1 million from 2022.
Tax returns reportedly show Hochul and her husband, in the second year of their first term, paid $610,000 in federal taxes and $123,090 in state taxes.
Once again, the First Gentleman of New York was the clear breadwinner, earning about $1.5 million from his employer, Delaware North, from which he left over the summer, the report said. city-state. In 2022, he earned $650,375 from his job.
Hochuls made further donations in 2023. They donated his $84,780 through stock to various organizations last year, including donating 40 shares of Microsoft stock worth about $14,000 at the time to the Franciscan Sisters of St. Joseph in Hamburg. Cited in tax documents. gothamist show. In 2022, he donated $58,424 in philanthropy.
Governors are not required to release tax returns.
Hochul’s office did not respond to a request for comment.
Bill Hochul claimed additional income in 2023: $80,579 in deferred payments from Northern Delaware and $45,544 in pension payments from his time as a federal prosecutor.
The couple also owed $43,292 in dividends and $18,756 in interest, according to the city and state investigation.
