This article originally appeared in the Concord Monitor Newspaper on July 23, 2015:
The message is clear.
On the same day Gov. Hassan vetoed a bill protecting business startups from added taxes that threaten job creation in New Hampshire, the Wall Street Journal wrote this about the business-friendly and resilient economy in the Lone Star State: “Texas is mainly in the business of wealth creation, not redistribution.” While other states are increasing taxes, we are lowering taxes.
In Texas, we have no personal income tax and no corporate income tax, and we just slashed the business franchise tax by 25 percent.
We are keeping our state strong and prosperous with an overall budget below the state’s spending limit, while investing in our roads and elevating our universities to make Texas an even better destination for businesses.
If you’re looking for the chance to thrive in an economic environment free of overregulation and overtaxation, I invite you to come see how we can help you grow.
Plan your visit at texaswideopenforbusiness.com or by calling me at (512) 936-0100.
Texas is wide open for business.
Gov. GREG ABBOTT