Chuck DeVore on why Texas lures Fortune 500 companies

Chuck DeVore, former California Assembly member, explains that Texas is attracting Fortune 500 companies because of lower taxes, fewer regulations, and a more favorable business environment compared to California.

Chuck DeVore, former California Assembly member, details the business exodus from California to Texas, emphasizing that lower taxes and regulations are key attractants for Fortune 500 companies. He contrasts Texas's pro-business attitude with California's challenging environmental laws and lawsuit climate, citing delayed infrastructure projects like the high-speed rail.