Is business better in Texas?

德克萨斯州的商业环境是否更优越?

Behind the Money

2024-08-21

21 分钟
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Hundreds of companies have moved their headquarters to Texas in recent years, including big names like Tesla, HP and Charles Schwab. They’ve been enticed by low taxes, light regulation and the promise to run their businesses on their own terms. But the FT’s Houston correspondent Myles McCormick explains that there might be limits to that message of economic freedom. Clips from ABC News, CBS, Fox 26, KHOU 11 - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: Will US companies keep faith in the ‘Texas miracle’? Beware the Texas advance on Wall Street Texas group plans stock exchange to compete with NYSE and Nasdaq For further listening:  Why Elon Musk is breaking up with Delaware - - - - - - - - - - - - - - - - - - - - - - - - - -  On X, follow Myles McCormick (@mylesmccormick_) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.  - - - - - - - - - - - - - - - - - - - - - - - - - -  Register now for the FT Weekend Festival, and claim £24 off your pass using promo code FTPodcast at: ft.com/festival Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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  • Building a business is tough, but I hear building a business in California is next to impossible.

  • If you were living in California in 2013, you might have turned on the radio and heard this.

  • This is Texas Governor Rick Perry, and I have a message for California businesses.

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  • The FT's Miles McCormick says that the state's offer is rooted in a bigger idea.

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  • Texas has always had this kind of Wild West mindset or self-image,

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