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Abbott Promises Tax-Free Texas Pulls Jobs From New York

5/11/2026

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Summary

Story summary

Governor Greg Abbott announced Texas, no state income tax, will attract companies and jobs leaving New York after Mayor Zohran Mamdani targeted billionaire Ken Griffin.
Texas employs 519,000 workers versus New York’s 507,000 while a GOP source says New Yorkers are eyeing real-estate purchases in Dallas and Miami.
Governor David Paterson warned Mamdani’s anti-business stance could drive employers away and said he is rallying Democrats and Republicans to oppose it.

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Story summary

Governor Greg Abbott announced Texas, no state income tax, will attract companies and jobs leaving New York after Mayor Zohran Mamdani targeted billionaire Ken Griffin.
Texas employs 519,000 workers versus New York’s 507,000 while a GOP source says New Yorkers are eyeing real-estate purchases in Dallas and Miami.
Governor David Paterson warned Mamdani’s anti-business stance could drive employers away and said he is rallying Democrats and Republicans to oppose it.