Who would move to Texas if this happened?
http://news.yahoo.com/if-scotland-c...-185536102.html;_ylt=AwrBJSAl0xFUEwIA1q2TmYlQWith a population of nearly 27 million and GDP of $1.6 trillion, an independent Texas would be the 13th biggest economy in the world, between Australia and Spain. That’s plenty of heft to play in the big leagues.
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The corporate tax rate in Texas is 0, which would instantly make Texas the most tax-friendly country in the developed world if it became a country. Instead of fleeing to Canada or Ireland, U.S. firms seeking a better deal than the federal government’s 35% corporate rate could just head to Dallas or Houston.