1. Many people are moving from California to Texas - Business, tax and regulation

    Many people are moving from California to Texas - Business, tax and regulation

    Everyone is from California. Are they kicking y’all out?” asks a curious bureaucrat at the Department of Public Safety in Plano, a city near Dallas. In the previous week she had helped 20 people from California apply for a Texas driving licence. Those keeping score in the contest between the two states do not have to look far to notch up points for Texas. On the way to the state Capitol building in Austin to interview Greg Abbott, the governor, your correspondent discovered that her driver had recently relocated from southern California to start a family in a more affordable city.

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    1. If there's one risk factor in this state, it's affordability.
    2. From the perspective of a young, upwardly mobile family, California is nearly impossible, unless you have rich parents, rob a bank, or get money from your firm going public.
    3. I'm an environmentalist, but it's completely crazy what happens here. The planning commissions slow-walk everything.
    4. If you have the balance-sheet to fight through it, you can make money, but you have to be big and well-capitalised to do business in California.
    5. You have two legs of a stool—sales tax and property tax—and if you only have two legs, there's a lot of teetering.
    6. If California were divided into states, we'd have the richest state in Silicon Valley and the poorest state in the centre.
    7. We can't be a great state if we're two states.
    8. We're incorporating a lot of ideas from Texas, and we're not just going to roll over any longer.
    9. The private sector creates jobs but the public sector must provide the infrastructure to enable growth to occur, concerned about how Texas will deal with its future
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