A large swath of New Yorkers could benefit from a major tax cut aimed at middle-class workers, but is it too good to be true? Gov. Kathy Hochul pledged a middle-class tax cut that would deliver nearly $1 billion in tax relief to more than 8.

Gov. Kathy Hochul will take a look back at the past year in New York during her State of the State address Wednesday. Hochul is expected to start the state’s 57th annual address around 1 p.m. in Albany.