- Erik Spanberg
Senior Staff Writer- Charlotte Business Journal
The urban planning, transportation and trade expert told me during a recent interview that he disagrees with the perception of the Lone Star State as one of the most attractive for business. Annual rankings by national magazines and others who follow corporate recruiting often put Texas (and North Carolina, for that matter) near the top. During the conversation, I asked about developing more highly skilled workers in Charlotte and North Carolina and about the prospects for adding better jobs.
Those topics led Gallis to a comparison between business-climate darling Texas and California, considered a pariah by many because of its tax rates and regulatory environment. CNBC recently ranked California the 32nd-best state for business, to cite one of many examples.
“Texas calls itself the most successful state at creating jobs,” Gallis told me. “What Texas does is they have more money to buy jobs. They should really say Texas has bought more jobs that they call ‘economic development.’ If I buy a job with tax incentives or other incentives, can you really call that economic development or do you just say, ‘We have more money, we bought more jobs than anyone else.’ OK, that’s more of a real statement.” More here.