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