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  Topic: Lines Blur as Texas
Gives Industries a Bonanza
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Lines Blur as Texas
Gives Industries a Bonanza

New York Times, by Louise Story

Original Article

Posted By:StormCnter, 12/3/2012 11:29:18 AM

DALLAS — The Preston Hollow neighborhood has been home to many of Texas’ rich and powerful — George and Laura Bush, Mark Cuban, T. Boone Pickens, Ross Perot. So it is hardly surprising that a recent political fund-raiser was held there on the back terrace of a 20,000-square-foot home overlooking lush gardens with life-size bronze statues of the host’s daughters. The guest of honor was Gov. Rick Perry, but the man behind the event was not one of the enclave’s boldface names. He was a tax consultant named G. Brint Ryan.

Comments:
Ask Texans if we consider "lines blurred" or if we believe aggressive marketing of our state´s opportunities is a very good thing.

      


Post Reply  

Reply 1 - Posted by: rpool, 12/3/2012 11:52:14 AM     (No. 9045997)

FTA - Texas is 11th in poverty with a large number of workers collecting hourly wages. May be hard to see from the Times Building, but Texas shares a rather long and porous border with Mexico. Note how many students from Manor, as cited in the article, have English as a second language. But ask San Bernardino or Detroit if they would like to have the employment "problems" of Texas.

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Reply 2 - Posted by: Mike43, 12/3/2012 11:58:44 AM     (No. 9046023)

That´s okay; as long as they´re trashing us, they aren´t moving to Texas.

It´s a horrible place, stay away. Really.



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Reply 3 - Posted by: charliecoconut, 12/3/2012 1:08:26 PM     (No. 9046172)

Wonder how many New Yorkers read this and started packing their bags to head for Texas.



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Reply 4 - Posted by: oh-heck, 12/3/2012 1:28:38 PM     (No. 9046217)

Just a little reminder, TX has no income tax. So the only taxes that can be "toyed with" are sales tax and property tax. Chemicals sold to industry aren´t taxed, so that limits the field further in the case of Dow Chemical which is specifically named. Dow´s big facilities are built within the existing fence and usually on sites of dismantled plants. Dow has big expansion plans because the price of natural gas is lower in TX than anywhere in the world and they generate their own power with direct fired co-generation gas plants. Natural gas liquids will be cracked in a new cracker and fed to world class polymer plants that would have been built in the Middle East 4 years ago.

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Reply 5 - Posted by: zoidberg, 12/3/2012 2:16:53 PM     (No. 9046320)

These tax subsidy deals have become a necessary evil. It would be nice if states didn´t do this, but they do. It smacks of corporate welfare. I am not singling out Texas because almost all states do it, but Texas seems to be the most successful.

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Reply 6 - Posted by: TulsaTowner, 12/3/2012 4:36:52 PM     (No. 9046622)

We don´t want them in Oklahoma, either, #2. It´s awful here, too.

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Reply 7 - Posted by: enuf8, 12/3/2012 8:27:03 PM     (No. 9046936)

Many cities in Texas have given tax relief to entice Corporate Offices to move back and forth relating to the oil industry. Usually could depend on Corp. Offices moving about every 5 years between Houston and Midland because of the tax incentives given to them. This was back in the 70´s--nothing new.

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Reply 8 - Posted by: Manitouman, 12/3/2012 9:08:48 PM     (No. 9046994)

North Dakota is covered by four feet of snow, corner to corner, 24-7-365 every day, all year, 12 months of the year.

Believe it!

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