Texas Governor Greg Abbott spoke at the Texas Association of Business (TAB) Summit, focusing on the state’s economic outlook and its role in shaping the nation’s future. The event, titled “Texas Dynamism and the Next Economic Frontier,” featured a fireside chat moderated by TAB President and CEO Glenn Hamer.
“Texas is the blueprint for America’s future economic success,” said Governor Abbott. “We are leading America as the headquarters of headquarters, are the No. 1 state for job creation, and have no state income tax. We will ensure the freedom and opportunity that Texas has always offered will remain the beacon that draws people from all over the world to our great state.”
Governor Abbott highlighted several factors contributing to Texas’ economic growth, including a regulatory environment he described as reasonable and predictable, no state income tax, and a workforce that is young, growing, and diverse. He also pointed to major investments by technology and artificial intelligence companies as key drivers positioning Texas at the center of AI development.
Last week, Governor Abbott joined Google in announcing a $40 billion investment in Texas as part of Google’s “Investing in America” initiative.
During his remarks, Governor Abbott thanked TAB for bringing together employers, innovators, and policymakers to support pro-growth and pro-innovation policies in Texas. He was presented with the TAB Champion for Capitalism Award for his ongoing efforts to keep Texas competitive economically.
Other participants at the summit included San Antonio Port CEO Jim Perschbach, Representative John Lujan, business leaders, and state officials.
