TEXIT Answers

Business, Commerce, & Trade

How will small businesses be protected from multi-national corporations after TEXIT?

Texas will be able to protect small businesses much better than the US. This will be done by putting an end to the current system of federalized corporate welfare. Currently,

How will TEXIT affect anti-monopoly laws?

Anti-monopoly laws are already in place and have been since the Anti-Trust Act of 1889. The Texas State Constitution even specifically outlines its stance on monopolies: “Monopolies are contrary to

How will trade work with the United States?

Trade is the major issue that has the clearest path to resolution with the United States and it is one of the most important. International trade is a major driver

Will Texas incentivize or encourage small business and entrepreneurship?

The entrepreneurial spirit is alive and well today in Texas and will continue to be so in an independent Texas. In 2019, multiple business analysts ranked Texas as the “Best

How will an independent Texas address farm subsidies?

Simple economic sense suggests regulations reduce productivity and slow economic growth. It only makes perfect sense that when federal regulations and taxes are removed, there will be more financial stability

Will an independent Texas place tariffs on imported agricultural products?

As it stands now, Texas has no authority to negotiate tariff rates while within the union. In fact, the vast majority of current trade agreements negotiated by the federal government

Will the economy in an independent Texas be better?

On average, Texas ranks as having the 10th largest economy in the world. There is no doubt that an independent Texas will do better. To quote the conservative firebrand and

How will TEXIT affect banks in Texas?

Banking institutions are already covered by a regulatory regime that makes for a smooth transition during Texit. Existing federal law already allows foreign banks to operate in the United States

Will Texas have its own currency?

When a nation-state first gains independence, in the absence of its own currency, it usually declares, unilaterally, the currency that is common to the region as its official currency. This

TEXIT Answers

Business, Commerce, & Trade

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