The Nasdaq stock exchange may one day call Texas home. Governor Greg Abbott says he’s in talks with Nasdaq about moving operations out of the high-tax state of New Jersey. Abbott says Texas would be a good fit because taxes are low, and just last year an amendment was passed making it virtually impossible to impose a state income tax.
I've been talking with the Nasdaq stock exchange about moving some of their operations to Texas.
They want to flee high taxes.
I let them know that we just passed a constitutional amendment banning an income tax in Texas.@Nasdaq https://t.co/04y28dnhAZ
— Greg Abbott (@GregAbbott_TX) October 7, 2020
