As governor, I will not be complacent.  To spur a new era of economic expansion in Texas, we are cutting the burdensome business franchise tax and property taxes by nearly $4 billion, freeing businesses and homeowners to invest more in new jobs, higher wages and stimulating the Texas economy.  To decrease the cost of doing business, we are reining in regulatory regimes that create a patchwork of compliance complexities. We are investing in infrastructure, adding nearly $4 billion more per year for roads without raising tolls, fees, taxes or debt. Moreover, while already No. 1 for exports, we are focusing on attracting more foreign direct investments to make Texas a hub for global commerce.  Read MoreGovernors sell states as top for business  Because technologies not yet invented will drive continuing innovation, we are committing $450 million to elevate our university research programs and to attract even more nationally recognized researchers and Nobel Laureates to our higher-education institutions. We are making college more affordable and ensuring the path to career and technical training is cleared of obstacles. And while already experiencing the second-highest high school graduation rate in the nation and the highest for black and Hispanic students, we are aiming to be the No. 1 education system in America.  Finally, as governor, I will continue my legacy of pushing back against the heavy hand of federal over-regulation, whether it's Obamacare, Dodd-Frank or the EPA.  By unleashing the power of entrepreneurs and innovators—and securing the freedom to aspire—Texas will long remain the best state for business.  When businesses succeed, Texans succeed.  —By Texas Gov. Greg Abbott
Texas Governor Greg Abbott explains how the Lone Star State maintains its status as a powerhouse for business.