12/02/2021

Texas and California Spar Over Jobs and Taxes

(Reuters) – Texas Governor Rick Perry’s latest sales pitch to California businesses boils down to four words: Texas is no California.

“Building a business is tough. But I hear building a business in California is next to impossible,” Perry says in a cheeky radio ad that aired ahead of his tour of the Golden State this week. “See why our low taxes, sensible regulations and fair legal system are just the thing to get your business moving to Texas.”

The Republican governor hopes to tap into perennial discontent among some California businesses over the high taxes and welter of regulations that have helped California earn the title of the worst state for business for eight years running in an annual survey conducted by Chief Executive magazine.

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