Zeldin links New York and California out-migration losses to anti-business state policies
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Summary
The Fox Business short features EPA Administrator Lee Zeldin discussing net out-migration from New York and California. Zeldin attributes the trend to anti-business policies originating in state capitals, including short-term political calculations by New York's governor ahead of the November 2026 re-election.
Editorial Assessment
The core migration statistic holds: recent Census estimates show California and New York with the largest numeric domestic migration losses. Business climate factors such as taxes receive support from IRS adjusted gross income migration data. The clip omits broader drivers including high housing costs, retirement preferences, and family proximity cited in mover surveys. Hochul's recent one-year moratorium on new hyperscale data centers aligns with Zeldin's critique of investment deterrence but receives no mention. Viewers miss comparative data on inflows of high-skilled talent and the role of weather or lifestyle in relocation decisions.
Key Moments
New York and California lead the country in out-migration due to state anti-business policies
Census Bureau data for 2024-2025 confirms largest net domestic losses for CA (-229k) and NY (-138k); IRS data links high-tax states to AGI outflows.
New York governor's re-election campaign this November drives short-term political calculations over long-term policy
Hochul faces 2026 re-election with leads in recent polls (47-52%); transcript does not specify her name or detail competing factors in decision-making.
Notable Concerns
- One-sided sourcing and omission of non-policy migration drivers
Sources Consulted
- States by net domestic migration, July 2024-2025, according to the Census Bureau
- New Census Migration Data Shows Americans Moving From High to Low Tax States
- New York gubernatorial and lieutenant gubernatorial election, 2026
- First Statewide Moratorium on New Hyperscale Data Centers Launched
- State Migration Trends: Taxes & State Population