Governor Greg Abbott spoke at the Texas Association of Business (TAB) Summit, emphasizing Texas’ leadership in economic growth and its role as a model for the future of the United States. The event, titled “Texas Dynamism and the Next Economic Frontier,” featured 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.”
Abbott credited Texas’ growth to its regulatory environment, absence of a state income tax, and a workforce described as young, growing, and diverse. He also pointed to recent investments by technology and artificial intelligence companies as evidence that Texas is becoming a central hub for AI development.
Last week, Governor Abbott joined Google in announcing a $40 billion investment in Texas through Google’s “Investing in America” initiative.
The governor expressed appreciation to TAB for facilitating collaboration among employers, innovators, and policymakers to maintain Texas’ status as a pro-growth state. During the summit, he received the TAB Champion for Capitalism Award in recognition of his efforts to promote economic growth in Texas.
Other participants at the event included San Antonio Port CEO Jim Perschbach, Representative John Lujan, along with various business leaders and state officials.
Additional photos from the summit are expected to be made available later.
