Texas Border Business
AUSTIN — Governor Greg Abbott met with U.S. Small Business Administration Administrator Kelly Loeffler to discuss Texas’ partnership with the Trump Administration and efforts to help Texas small businesses and entrepreneurs succeed.
During the luncheon, Governor Abbott touted Texas as the best business ecosystem in the nation, being named the Best State for Business for 21 consecutive years, number one for economic development for 14 years, and the national leader in job creation thanks to our business-friendly climate and favorable regulatory environment that provides the groundwork small businesses and entrepreneurs need to succeed. The Governor also mentioned the proactive actions taken by the Texas Legislature to reduce regulatory burdens and eliminate unnecessary rules on small businesses to promote economic growth.
The Governor and Administrator Loeffler discussed Texas’ partnership with the White House, noting that the Lone Star State has the most robust defense, oil and gas, industrial, manufacturing, technology, and artificial intelligence industries. Governor Abbott highlighted the critical work the state has accomplished by establishing constitutional amendments banning taxes on income, capital gains, securities transactions, inheritance, and much more, putting more money into the pockets of hard-working Texans.
