Andrew Cuomo warns that socialist policies and aggressive taxes on the rich are driving a massive wealth transfer from New York to low-tax red states.
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"Socialism has not worked anywhere on the globe," Cuomo said. "Promises of free lunch, free buses, free rent, free everything. There is no such thing as ‘free.’ Someone always pays. This is a dream. This is nirvana. This is utopia, and they’re selling to young people who are buying it. But it's not going to work. And this socialist movement is the best thing the Republicans have going for them."
"It is a major problem for the Democrats. And again, I think the energy comes from the anger of Trump, and they've misdirected that anger. But it is a real problem for the Democrats, and as I said before, it's the best thing the Republicans have going for them," he added.
According to the Citizens Budget Commission, New York City
lost more residents across all income levels than it gained throughout 2025. The city's population posted a net loss of 114,000 residents.
Cuomo said he increasingly finds himself politically estranged from the modern Democratic Party, which he said has adopted highly disruptive regulatory and economic agendas.
"The Democratic Party is in the middle of the Civil War, right? And you have moderate mainstream Democrats such as myself, which have been challenged by the far-left extremists," the former governor said.
"I'm too moderate for the Democrats, which is ironic, since I had the most progressive record as governor in the United States of America," Cuomo said while noting his anti-discrimination and minimum wage legislation. "It's not about facts. It's not about merits. It's about the politics of the moment, and right now, socialism is cool."