The formula for Texas’ success, Abbott said, includes the absence of personal and corporate state income taxes and its “very reasonable, very business-oriented regulatory environment.”
“There is a reason why the best and brightest … across the entire world are moving to Texas, growing in Texas and doing business in Texas,” Abbott said on the final day of the UP.Summit, an invite-only gathering of more than 200 tech investors, entrepreneurs and other guests hosted on the Perot family’s Circle T Ranch.
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