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.
Kind of a bizarre thing...given the reason why they are considering moving...to get away from the policies they helped put into place with their votes.
Abbott is going to screw around and let the Dems get control of Texas. How long will it be until we have a state income tax. Wyoming is looking better and better.
Maybe. They’re moving for a reason. The reason is the place is a socialist sh!tstorm.
Depends.
Montana has a state income tax. Wyoming does not.
Tell me about it. My neighborhood here in Frisco is almost all Indian.
no one who moves can vote for twenty years.
probably just the data center and might not really be any people moving.
the data centers are in NJ. No one sitting at a desk in New York will notice a difference.
Thus is an excellent suggestion
In a fairness, alot of governors are thinking solely of the money, and not of the shift in demographics that it brings. My wife and I tell all the remaining family that there is a reason we left PA. And it wasn't because PA is such a great place and we couldn't handle the awesomeness.
Sure there things we missed such as a particular restaurant, but that's about it. Otherwise, it's because we more aligned with the values in the area we moved to.
Sorry, flipped them. Knew it was one or the other.
Sorry, flipped them. Knew it was one or the other.
.............stay away Liberals!
We don’t want you!
Didn’t NJ pass a tax on truck sales 15+ yrs ago? And drove big rig sales across the border into Pa? Then had to rescind it?
They'll most likely be indians(dot, not feather). Just what we need. /s
Not just politics, but culture.
Exhibit A. Mayonnaise and baked beans
Before the first wave of northen locust voters (ca. 1975- 1980), mayonnaise wasn't used in a lot of Texas cuisine. Now it's the default for BBQ potato salads and hamburgers. The handful of indigenous hamburger joints remaining here use mustard instead of mayonnaise. Practically every carpet-bagging BBQ joint that calls itself "Texas BBQ" uses mayonnaise or miracle whip (instead of mustard) in its potato salad. They also use Boston-style sweet baked beans instead of Texas-style pinto beans.
Mayo and baked beans are gross.
Exhibit B: Gun racks
Prior to the the late seventies - the "Urban Cowboy" era, gun racks were ubiquitous in the rear windows of pickup trucks. Every pickup truck had them. Now they're extinct in Texas. They weren't outlawed; it's a cultural shift I blame on thieving illegals and squeamish locust voters.
Exhibit C: Buck knives
When I was in high school, A Buck 110 knife in a leather sheath was a common accessory. If a student showed up with one now, the school would go into lockdown and a SWAT team summoned. Thanks, you GDMFSOB lowdown sleazebag carpetbagging Yankee locusts.
Good research!
Keller’s on NW hwy served the standard cheeseburger with mustard, you had to ask for mayo.
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