Texas is planning to make a huge public investment in space

"Further investment will cement Texas as the preeminent location for innovation."

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[PhilGil]

So a more serious talk. As a corporation I can't see why anyone would willingly invest capital in Florida, when you have a government that is willing to pass legislation to punish companies at the whim of a governor. While Texas hasn't started down this road it is certainly a risk with politicians like Abbot.

It is hard to leave once you're there, but are people really going to want to invest significant long term capital in a place where the government might try to personally punish your company.

Would incentives like these be worth the risk that operating in these states have to your workers and capital investments?

Short-term thinking. Business decision makers give zero thought to the long-term consequences of moving to a 3rd world state, as long as they get their tax breaks and next quarter's profits are up.

 

[PhilGil]

The shitty thing about property and sales taxes is that they are regressive: low-income people pay a far larger fraction of their income for them than do high-income people.

Hence why income taxes (which, when graduated, are the least regressive form of taxation) are so unpopular with the right.