Texas Border Business
By Roberto Hugo González
On a memorable occasion in McAllen, Texas, Mayor Javier Villalobos introduced Governor Greg Abbott at the Governor’s Small Business Summit. An event marked by enthusiasm and commitment, the mayor’s words were followed by a comprehensive address by Governor Abbott, outlining the vision for the state and celebrating Texas’s impressive economic achievements.
Mayor Villalobos’s introduction of the Governor highlighted his career trajectory from Supreme Court Justice to the 48th Governor of Texas. He praised Abbott’s focus on creating more jobs, preserving individual liberties, ensuring education rights, and securing the southern border. The mayor noted Abbott’s achievements as the 50th and longest-serving Attorney General in Texas and his firm commitment to making Texas the top state for business and job creation.
Governor Abbott’s speech was a heartfelt expression of gratitude and a clear-eyed look at Texas’s current position and future. He touched on many important topics, emphasizing how small businesses play a vital role in Texas’s economy.
Texas’s impressive economic milestones were at the forefront of Abbott’s remarks. He spoke about the state’s number one ranking for new jobs, being home to more Fortune 500 company headquarters than any other state, and the importance of small businesses as the heartbeat of the economy.
Abbott highlighted recent tax cuts, particularly in property taxes, and the exemption of the franchise tax for small businesses, emphasizing the state’s determination to return budget surpluses to the people. He also spoke about reducing red tape and streamlining regulatory processes to make doing business easier and more efficient.
Recognizing the demand for a skilled workforce, Abbott addressed the changes in the funding model for two-year colleges. The aim is to provide businesses with employees who are ready to work immediately, fulfilling the needs of the job market and elevating the living standards of the individuals.
With a booming GDP and having ascended to the eighth-largest economy in the world, Abbott proudly declared, “187 years after Texas was founded, there has never been a better time to be a Texan.”
Governor Greg Abbott’s address at the summit painted a vivid picture of Texas’s economic ability and entrepreneurial spirit. His emphasis on small businesses as the “heartbeat” of the Texas economy, coupled with his outlining of specific accomplishments, illustrated a focus on sustainable growth and support for the business community.
Support for Small Businesses
The Governor’s announcement of tax cuts, particularly in property taxes and the franchise tax for small businesses, was warmly received by the audience. These measures directly address one of the pressing concerns for small businesses, easing the financial burden and enabling them to invest more in their operations and expansion.
One of the standout aspects of Governor Abbott’s speech was the focus on skilled workforce development. By changing the funding formula for two-year colleges, Texas aims to create a more job-ready workforce. This addresses the immediate needs of businesses and ensures that education is directly linked to employability, contributing to a more prosperous future for both businesses and workers.
Time, as Governor Abbott noted, is money, and the streamlining of regulations and the permitting process is a clear signal to businesses that Texas is a state where growth and innovation can happen without interference. The comparison with California’s slow permitting process made the point even more emphatic, highlighting Texas’s commitment to a business-friendly environment.
The location of the summit, McAllen, and the recognition of the Rio Grande Valley (RGV) area was not just symbolic. This region has been instrumental in Texas’s success in exports and represents a dynamic and growing part of the state’s economy. The Governor’s acknowledgment of local leadership and success underscored a commitment to regional development and collaboration.
Governor Abbott’s address at the Governor’s Small Business Summit in McAllen were more than just a celebration of achievements; they were a roadmap for continued growth and prosperity in Texas. From tax reforms to workforce development, regulatory streamlining to regional recognition, the Governor laid out a comprehensive vision for a Texas that supports business, rewards entrepreneurship, and builds on its strengths.
The challenges ahead are not to be underestimated, but the tone of optimism, coupled with specific policy initiatives, resonates with a Texas that is ready to lead and innovate. As the state continues to attract Fortune 500 companies and remains a hub for exports and job creation, the focus on small businesses and workforce readiness ensures that all Texans can be part of this exciting journey.
As the McAllen Chamber of Commerce and other regional stakeholders continue to work with the state’s leadership, the shared vision for a stronger Texas is not just a political statement but a practical guide to success. The Governor’s Small Business Summit in McAllen, Texas, was a significant milestone in this journey, reflecting the spirit, resilience, and ambition of the Lone Star State.
He concluded his remarks by thanking all who contribute to keeping the dream of Texas alive.