Tags: Fox News | Rick Perry | business | taxes | competition

Perry Warns Democratic Governors: I'm Coming for Your Companies

By Wanda Carruthers   |  

Governors, particularly in Democratic blue states with high taxes and regulations, need to be "looking over their shoulder," Republican Gov. Rick Perry said, because he's coming to lure their companies to Texas.

Perry has been traveling to states including New York and California to explain to companies the merits of relocating to Texas. A recent high-profile success was the announcement of the relocation of the U.S. sales headquarters of Toyota Motor Corp. from California to suburban Dallas.

"Blue state governors need to be looking over their shoulder," Perry told "Fox & Friends" on Monday. "This is just being competitive."

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Competition between the states was all part of what the founding fathers had intended, Perry said, adding that while the federal government needed to "do a few things, do them very well," states should do "everything else."

That competition has pushed states with higher taxes and regulations to begin to change their policies, Perry said.

"We've seen Illinois make some changes in their tax policy. The new New York ad that you've seen, I think all of those are because [Louisiana Republican Gov.] Bobby Jindal, [Florida Republican Gov.] Rick Scott, or other governors have come into those states to compete for those businesses and give them some opportunities and give them some alternatives," he said.

Blue states New York and California "have had more wealth per capita leave their states over the last decade than any other states in the nation," Perry argued, with more companies moving to more business-friendly environments in Nevada, Texas, Arizona, Ohio, South Carolina, and Florida.

"States competing with each other is the real key," he said.

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Governors, particularly in Democratic blue states with high taxes and regulations, need to be "looking over their shoulder," Republican Gov. Rick Perry said, because he's coming to lure their companies to Texas.
Rick Perry, business, taxes, competition
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