From The Orange County Register:
When it comes to taxes, regulations and government spending, California is losing ground to Texas, according to a new study by the Texas Public Policy Foundation.
The Competitive States 2010: Texas vs. California report is a follow-up to a similar one in 2008, which also showed the Golden State lagging the Lone Star State. Here’s the snapshot of the 35-page report (click on chart for a larger view):
Source: Texas Public Policy Foundation
Texas’ competitive advantage over California, according to the study, is lower taxes, lower government spending and less regulation.
Read the full article here