![]() ![]() This policy brief provides an overview of state and local economic policy in both California and Texas, with a focus on taxation, government services, and regulation. At the same time, many maintain that California remains the dominant destination for venture capital funding and other drivers of innovation, while also noting some of the downsides of Texas’ lower spending on programs related to health, education, and other social priorities. And there is no shortage of news stories about companies moving from California to Texas and other states with lower tax rates. These differences have many speculating that Texas’ approach of lower taxes and limited government is better than California’s model of higher taxes and stronger regulation for fostering economic growth and a brighter future. These trends earned Texas two additional seats in the House of Representatives earlier this year while California - for the first time - lost one seat. In recent years, they have been on different trajectories, with Texas one of the fastest growing states in the country and California growing more slowly than the national average. And while K-12 spending per student is much higher in California, student outcomes are if anything better in Texas.Ĭalifornia and Texas are the most populous states in the U.S., with more than one in five Americans living in either the Golden or Lone Star states. Crime rates and renewable energy production are similar in the two states despite very different policies. ![]() Texas has a larger share of residents without health insurance than any other state. California stands out for its high rate of homelessness and low air quality.
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