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Texas vs. California

VeritasDeTejan Wrote: Feb 12, 2013 10:45 AM
Sounds like you're in the right place then. Just make sure you're ready to stay when the creative accounting ends and you find your state actually bankrupt. Your smaller producers are fleeing. The number of companies coming from your state to Austin alone on a monthly (and sometimes weekly) basis is no longer a single-digit number (per the Austin Business Journal). The big Q right now is whether Apple will stay or move corporate when they finish building their new campus in NW Austin. When the wealthy leave, who will pay the taxes??

I’ve been pointing out the differences between California stagnation and Texas prosperity for quite some time.

And since California voters approved a new 13.3 percent top tax rate last November, I expect the gap to become even wider.

Simply stated, California is the France of America and Texas is the Cayman Islands of America.

So it’s understandable that the Governor of Texas is telling employers in California that his state has a better climate for job creation.

John Fund of National Review opines on...

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