Economics Magazine

Texas Governor Rick Perry's All Out Push To Recruit California Businesses To Texas

Posted on the 08 February 2013 by Susanduclos @SusanDuclos

By Susan Duclos
Texas Governor Rick Perry is headed to California as part of his recruitment process to bring California businesses nailed with higher taxes, to Texas, hoping they will build there, expand there and create jobs there.
Perry's trip follows on the heels of his recent radio ads, which can be found on a website geared for just the purpose of attracting businesses into calling Texas home.
The website is aptly named "Texas Wide Open For Business" (Listen to the radio ad here)
Text:

Building a business is tough, but I hear building a business in California is next to impossible. With California’s cost of business at 6.3 percent above the national average and Texas’ at 4.6 percent below, I believe it.
Now with the passage of prop 30, which increases California’s already excessive income and sales tax, while Texas maintains no state income tax and a low business tax burden – businesses are moving to Texas.
Being named the Best State for Doing Business eight years running isn’t easy, but when you provide an economic climate that stimulates innovation and not a crippling regulatory environment that stifles business, people notice.
Zero state income tax, low overall tax burden, sensible regulations and fair legal system are just the things Texas offers to get your business moving. So come to Texas – where Business Moves.
Welcome to Texas,
Governor Rick Perry

The website offers "State-to-State Comparisons" , "Why Texas" as well as links to find the industry and start the move.
Governor Perry's press release below on his upcoming trip to California.
Gov. Rick Perry will travel to San Francisco, the Silicon Valley, Los Angeles and Orange County, departing Sunday, February 10 and returning Wednesday, February 13, to meet with business leaders in the high tech, biotechnology, financial, insurance and film industries. The governor's trip will be paid for by TexasOne - no tax dollars will be used for his travel and accommodations.
This business recruitment trip follows a week-long radio ad buy in the Golden State promoting Texas' job creation climate. The 30-second spot has been running on six radio stations in the San Francisco, Sacramento, Los Angeles, Inland Empire and San Diego media markets. To hear the ad, please visit http://www.texaswideopenforbusiness.com/ca.php.
The governor, along with Texas Economic Development Corp. Chair Bruce Bugg, several local economic development officials and business representatives, including Oncor, BNSF Railway, and the cities of Allen, Amarillo, Austin, Brownsville, Conroe, DeSoto, Frisco, Houston, Lubbock, Midland, McKinney, Pflugerville, San Antonio and Schertz, will also host a reception for some of the business leaders who have contacted the Governor's Office through TexasWideOpenForBusiness.com since the ad began running.

In June 2012, Texas had topped the list of states that had regained all the jobs lost during the recession and because of it's business friendly atmosphere and lower taxes, in July 2012 Texas was once again named by CNBC as the top U.S. State for business.

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