Texas' Business-Friendly Practices and Growth Potential

Texas' business-friendly practices, including no corporate and personal state income taxes, have made it the number one land port and the top destination for corporate headquarters relocations in the US. This has led to record population growth driven by domestic migration, particularly from California. The state's investment in higher education has paved the way for its dominance in advanced manufacturing and technology, positioning it to potentially surpass California in population by 2040. The influence of industry suggests that while Texas may not become the next California, it has the potential to become even bigger.