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Does it pay off to move to Texas?

Roger Showley, U-T SAN DIEGO

Friday, February 8, 2013

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Kelly Cunningham, National University System
Answer: NO

Not necessarily despite Texas providing a better regulatory and tax environment. California remains the intellectual and culture center of new ideas. Much of the value in today’s marketplace is derived from innovations crafted by human capital and worker collaborations. The concept thrown around a coffee break today may become the I-Pad of tomorrow. Convincing employees to move away, when they have family, friends, and extensive network of connections in California may also be problematic. The real risk over time is if California firms halt new investment and shift spending to places such as Texas where the business climate is much friendlier.