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Here's Why So Many Companies Are Moving to Texas

TheMotleyFool

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Here's Why So Many Companies Are Moving to Texas

Several big-name tech companies -- including Oracle (NYSE: ORCL) and Hewlett Packard (NYSE: HPE) -- have recently announced plans to move their headquarters from Silicon Valley to Texas.

Sure, Texas has no state income tax, but that's not the entire appeal. After all, several other states have no state income tax, including some that are closer to California. In this Fool Live video clip from our Dec. 14 Industry Focus show, host Jason Moser and Fool.com contributor Matt Frankel, CFP, discuss what's so appealing about Texas that it is attracting so many big companies.

Source Fool.com

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