"Pretending to propose his own national solution is clearly a cynical smoke screen to let California billionaires off the hook," argues the Billionaire Tax Now campaign as it seeks to counter "5 tricks" being deployed by Gov. Gavin Newsom and his allies.
It’s not exclusive (in the sense that no economy in the U.S. is totally isolated) and companies relocate to Texas frequently. But there is a huge advantage to having physical proximity to the largest customer base in America and the tax credits that you can get for specific items and services.
Also California is one of those American cornerstones of worldwide and domestic mythology. It occupies a conceptual and environmentally appealing aspect of people’s minds and is a highly sought out destination. And Texas really doesn’t have the same sheen to it.
It’s not exclusive (in the sense that no economy in the U.S. is totally isolated) and companies relocate to Texas frequently. But there is a huge advantage to having physical proximity to the largest customer base in America and the tax credits that you can get for specific items and services.
Also California is one of those American cornerstones of worldwide and domestic mythology. It occupies a conceptual and environmentally appealing aspect of people’s minds and is a highly sought out destination. And Texas really doesn’t have the same sheen to it.