Texas overtakes California as ‘America’s center of gravity,’ claims Treasury Sec Bessent

Chuck DeVore on why Texas lures Fortune 500 companies Chuck DeVore, former California Assembly member, details the business exodus from California to Texas, emphasizing that lower taxes and regulations are key attractants for Fortune 500 companies. He contrasts Texas’s pro-business attitude with California’s challenging environmental laws and lawsuit climate, citing delayed infrastructure projects like the … Read more

Texas overtakes California as ‘America’s center of gravity,’ claims Treasury Sec Bessent

Chuck DeVore on why Texas lures Fortune 500 companies Chuck DeVore, former California Assembly member, details the business exodus from California to Texas, emphasizing that lower taxes and regulations are key attractants for Fortune 500 companies. He contrasts Texas’s pro-business attitude with California’s challenging environmental laws and lawsuit climate, citing delayed infrastructure projects like the … Read more