There were people who could only work in an office in Manhattan or work in New York state and they were captives to our state. They were going to stay. We saw that that's not the case. I mean, you know, Wall street businesses [are] looking at Texas, they're not going there because they have a nicer governor. I know that for sure. But they're going there because of the tax rate. We have to be smart about this. But we can fund what we want to fund with what we already are taking in. (07:09–07:19)
CLAIM
Asserts that Wall Street businesses are moving to Texas due to tax rates, not governance.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
