Introduction
Yes, the author is correct. Texas economic success dates from way back at the beginning of the new century hence the name Texas Miracle. The Gross Domestic Product (GDP) of Texas has risen from billions to trillions. More so, their population is growing steadily and their workforce is also rising at the same pace. The unemployment rate of Texas is even lower than the national average. Texas state is America's leading producer of cattle, solder, cotton, and oil (Pulliam 2). Texas economic success has made it a benchmark for other states and the nation.
Texans are known for embracing their history and living up to their cultural ways. Texas' official structure is a reflection of the prideful attitude towards their culture. Unlike other states, Texans are known for their customs and tradition (Pulliam 4). Many families' income comes from raring cattle and farming cotton, this gives Texas the advantage of a high GDP since they export their products. Therefore, low-income low service will work for Texas since farmers are not heavily taxed. As a result, farmers are able to produce products at low prices.
Truly, the low tax and low service model will work for Texas. Texas rich economy is attributed to the fact that the state has a lot of resources. Texas is America's leading producer of cattle, cotton, and oil with such resources the state is at an advantage (Pulliam 5). The resources have created a provision for affordable housing, cheap electricity, and many job opportunities. Indeed, the low spending regulation works for Texas because of their diversified resources.
Indeed, the Texas model will enable business and enterprise to flourish. Unlike other states, Texas as a state does not run on many policies. Texas growth is not attributed to the state's policy but rather from the fact that state officials are unable to have controlling policies (Pulliam 8). Without controlling policies Texans have been able to enjoy international trading with their neighbor's example Mexico. Those who are unable to export their goods have a provision of an open market between the neighboring regions.
Furthermore, the Texas strategy of offering affordable housing, stable market, employment, and other opportunities lured investors into the state. With investors came job seekers thus raising the rate of cheap and available labor. The provision for opportunity helped increase Texas population growth. To the state's advantage, there was an expansion in local businesses thus growth in the economy (Pulliam 8). The low tax, low service model opened a platform for business and invest. The model allows for businesses to start with low capital and grow since it also provides the market.
Additionally, the low-income low service model will enable businesses and enterprises to flourish because of Texas mode of settlement. Most people in Texas are settled in the rural areas which allow for farming and production of farm products. Although, Texas urban settlement has increased the rural population continues to exceed the urban population (Pulliam 9). Texas settlement design enables for both urban and rural development. Texas has an open space that allows the suburbs to extend into ranches.
The low-income tax is very good for entrepreneurial business. Texas model offers a very attractive deal for entrepreneurs and working-class people. Having low-income tax most business incubations are likely to thrive in the state. Texas offers entitlement because people with high salaries do not get to be taxed from their personal income. Low taxes cut the burden and help them to invest in other opportunities. More so, employees with low income also benefit since they only get property taxes.
The limited system of government works to favor Texas growing economy. The Texas model does not allow for strictly working for the government to believing that active leadership leads to high taxation (Pulliam 12). Unlike other cities in Texas taxes are imposed most on property and home. Their models allow for business to have low taxation rate hence compliance with paying the taxes is easy. For Texas, a fully functional government means high taxation thus excessive government spending. Ironically, the Texas model allows for accountability among business and enterprises. The model allows for entitlement among investors and business people. Texas model makes them expect less from the government and thus development lies among the people.
Conclusion
Conclusively, the Texas model is favorable for the growth of enterprises and businesses. The model's success is evident from the job creation rate, increase in population and their striving GDP (Pulliam 2). The low income, low service policy favors both high income and low-income individuals. A lot of change and growth is noticeable economically since the limited system of government allows the private sector to thrive. The Texas model operates on the basis of openness, accessibility and accountability meaning, the private sector has an ample environment to operate. In contrast, the Texas model is favoring only to the economy but not to the state development. Although, imposing higher taxes may not be the solution Texans need to evaluate ways to bring development in other areas such as the health sector. It is believed that Texas has the highest poverty rate, a few high school diploma graduates and a poor health sector. To achieve great economic growth Texans should consider ways to balance all their systems.
Work Cited
Pulliam, Mark. "Red State, Blue Cities." City Journal (2019): 2-14.
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Essay Sample on Texas Rising. (2022, Nov 26). Retrieved from https://proessays.net/essays/essay-sample-on-texas-rising
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