Texas’ economy highlighted at TAB Summit
SAN ANTONIO — Gov. Greg Abbott on Tuesday highlighted Texas’ economy during a fireside chat at the Texas Association of Business Summit: Texas Dynamism and the Next Economic Frontier.
“Texas is the blueprint for America’s future economic success,” Abbott said. “We are leading America as the headquarters of headquarters, are the No. 1 state for job creation, and have no state income tax. We will ensure the freedom and opportunity that Texas has always offered will remain the beacon that draws people from all over the world to our great state.”
During the discussion, which was moderated by TAB President and CEO Glenn Hamer, Abbott said the Texas economy is leading the nation thanks to its “reasonable and predictable regulatory environment, no state income tax, and young, growing, and diverse workforce.” He also highlighted the investments by technology and artificial intelligence companies in the state. Last week, Abbott had joined Google officials at their data center in Midlothian to announce the company’s $40 billion investment in Texas as part of its “Investing in America” initiative.
Abbott expressed his appreciation to TAB for its work to bring employers, innovators, and policymakers together. He was presented with the TAB Champion for Capitalism Award for his efforts “to keep Texas the economic envy of America.”
Abbott was joined at the TAB Summit by San Antonio Port CEO Jim Perschbach, state Rep. John Lujan, and other business leaders and state officials.
