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1 week ago

Gov Abbott extends off-ramp for NY billionaires fleeing Mamdani's policies

As New York City Mayor Zohran Mamdani continues to advance policies targeting wealthy executives, Texas Gov. Greg Abbott is reminding billionaires that everything is bigger in Texas – including economic opportunity.Abbott is pitching his state as a refuge from liberal measures Republicans attribute to driving businesses out of the Empire State.For New York, the stakes are high: even a modest outflow of firms and top earners could dent tax revenues and reshape the city’s role as a global financial hub. For Texas, the influx could mean more jobs, investment and economic clout.Against that backdr...