Wednesday, May 20, 2009

Don Surber » Blog Archive » Texas is the new California

Don Surber » Blog Archive » Texas is the new California

Fort Worth Star-Telegram: People are moving to Texas for jobs, which are on the rise. The reason for the jobs — lower taxes — isn’t mentioned until the 58th paragraph.

And then, all it said was, “Texas’ business climate of low taxes and a low regulatory burden draws companies and workers, Saving said.” He is Jason Saving, a senior economist at the Federal Reserve Bank of Dallas.

Texas just happens to be 50th in taxes per capita. That’s right, it has the lowest state tax burden in the nation.

Lowest tax burden in the nation equals highest growth rate. Is there a lesson there, gang?

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