“I’ve been pointing out the differences between California stagnation and Texas prosperity for quite some time. And since California voters approved a new 13.3 percent top tax rate last November, I expect the gap to become even wider. Simply stated, California is the France of America and Texas is the Cayman Islands of America. So it’s understandable that the Governor of Texas is telling employers in California that his state has a better climate for job creation. Texas is clearly doing better on jobs, and it’s easy to avoid higher taxes when you obey Mitchell’s Golden Rule and restrain the burden of government spending.”
http://danieljmitchell.wordpress.com/2013/02/11/texas-vs-california/
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