Posted on 11/11/2020 1:56:35 PM PST by Hojczyk
DALLAS – Officials from Nasdaq and other major stock exchanges will meet with Gov. Greg Abbott on Nov. 20 in Austin to discuss a possible move from New Jersey to Texas, nbcdfw.com and the Dallas Morning News reported.
The meeting comes on the heels of the exchanges threatening to move their trading platforms out of New Jersey, the report said.
Abbott and other Texas officials plan to boast the state’s business-friendly environment during the meeting.
“Texas continues to be the premier economic destination in the country, attracting more leading businesses than any other state,” spokeswoman Renae Eze said in a statement to The Dallas Morning News. “The governor looks forward to meeting with Nasdaq and showcasing Texas' business-friendly environment, skilled workforce, robust infrastructure, and low taxes, all of which foster greater economic growth in the Lone Star State.”
According to The Dallas Morning News, Abbott’s office has been talking with Nasdaq and other exchanges about moving their data centers to Dallas because of a potential tax on financial transactions in New Jersey.
The proposed tax would charge a quarter of a cent per “financial transaction” at entities in New Jersey that process at least 10,000 transactions annually via electronic infrastructure, the Dallas Morning News reported. That tax would generate an estimated $10 billion annually for the state.
More democrats moving to Texas...
That’s it, Texas is going Blue.
Yep.
Have good Texas talk with those yankees...
More liberals moving to Texas
Texas GOP party has been pushing for out-of-state businesses to move to Texas the past decade. Saw the commercials for years back in California. And we’re supposed to be surprised the state is moving toward being blue at an accelerated rate?
Wow. What a blow to NYC this would be if it happens!
When they get to TX they will say "This isn't the way we did it in Joisey!"
Blue Wall headed your way Dallas if this happens
Abbott and Perry are destroying Texas. They are the classic capitalist that sells the Rope intended to hang them with.
Sadly the price they pay for sucking helps us to suck a little more.
These people coming to Texas or right to work states should teach their people WHY we are better for business and WHY we have less of an issue with public debt.
Being generous with other people’s money by how you vote is a sorry excuse for giving a civilization dry rot.
My first thought.
It’s all about the Benjamins, not principles,
Texas needs to have an "assault weapons" proficiency test for new immigration applicants ...
If any settle in Plano they may find some old timers to convince them Texas (and anywhere, really) works better without all the progressivism.
Now we really are going to get our salsa from New York City.
Dallas is already blue.
By Design?
The Rats are lusting for Tejas EVs by hook or crook.
This is the Hook
“Texas needs to have an “assault weapons” proficiency test for new immigration applicants ..”
Methinks I’d rather them incompetent with weapons when the sure-to-come revolt by us comes.
It’s the burbs that will now turn blue, just like the Atlanta Burbs did.
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