PolitiFact - Gov. Greg Abbott says Texas is No. 1 state for business, but is it?

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Gov. Greg Abbott said Texas has been the No. 1 state for business every year he’s been governor, but that comes from one magazine’s ranking. Other well-respected sources have Texas ranked lower.

Kay Bailey HutchisonBy Meghan Ashford-Grooms • January 21, 2010and has consistently ranked Texas outside the top 10. Texas’ best ranking during Abbott’s tenure is No. 11 in 2016.

"There’s no one measure that can capture everything about a state’s business climate, but there’s no denying that Texas is highly competitive, with low taxes, low regulatory burdens, and a strong economy that attracts many businesses and individuals," said Jared Walczak, vice president of State Projects at the Tax Foundation."Unsurprisingly, governors across the country tend to highlight the rankings on which their states do the best.

Richard Alm, a writer-in-residence at Southern Methodist’s University Birdwell Institute for Economic Freedom, pointed out that Texas has always been among the top states as most business friendly. Texas was considered among the best economies under former Gov. Rick Perry. "Basically his claim really should be not that he did something to make Texas No. 1, but that he didn’t mess anything up that was already functioning quite well, in terms of the state economy," Alm said, referring to Site Selection’s ranking.

This is not the first time PolitiFact has fact-checked a governor or top elected official saying their state is the best for business. In 2017, former Georgia Lt. Gov. Casey Cagle, in running for governor, said Georgia was the No. 1 state for business. Cagle cited Site Selection’s list of the states with the best business climate,

 

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So by this logic you are stating all those claims that FL is the most expensive place to live as false right?

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 /  🏆 17. in TH

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