Texas Governor Greg Abbott spoke at the Texas Association of Business (TAB) Summit, focusing on the state’s economic growth and its role in shaping the future of the United States. The event, titled “Texas Dynamism and the Next Economic Frontier,” included a discussion 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 factors such as a predictable regulatory environment, lack of a state income tax, and a diverse workforce as reasons for Texas’ strong economy. He also pointed out recent investments from technology and artificial intelligence companies, saying these moves are helping position Texas as a leader in AI development.
Last week, Governor Abbott joined Google to announce a $40 billion investment in Texas under Google’s “Investing in America” initiative.
During his remarks, Governor Abbott thanked TAB for connecting employers, innovators, and policymakers to support continued growth in Texas. He was presented with the TAB Champion for Capitalism Award for his efforts to promote economic growth in the state.
Other attendees at the summit included San Antonio Port CEO Jim Perschbach, Representative John Lujan, along with various business leaders and officials.
