As a small business owner, I’ve experienced firsthand the struggles that small businesses often deal with and I’ll support policies that foster entrepreneurship and innovation. I’ll work to remove barriers to starting a business and seek ways that we can reinvest in small business. Enterprising businesses create jobs and wealth, contributing to tax revenue and healthy communities.
Texas has long been proud of its pro-business stance and has become the 10th largest economy in the world. Texas produces 40% of America’s oil and ranks #1 in wind power-production, and 5th in wine production. Everything is bigger and better in Texas and we have been fortunate to enjoy a prosperous economy in recent years.
But COVID-19 has forced businesses to close or reduce their workforce, causing nearly 3.5 million Texans to file unemployment claims. For many small business owners, the impact of COVID has been catastrophic. The state’s reliance on revenue from oil and gas has demonstrated the need to continue to diversify and encourage investment in renewable energy, creating jobs as Texas continues to be a world leader in the energy market.
While legislators in Austin must deal with the fallout for COVID, it’s imperative that state leaders think about long-term plans and preparing for the future. Texas is expected to add 10 million residents by 2036 and in order to continue its economic prosperity, the state will need to address major challenges that are sure to come with a burgeoning population. Texas will need to create 8 million jobs to meet the demands of the market place and 70% of workers will need a degree or certificate of higher learning. If business is to thrive, Texas must have a vibrant, educated workforce.
Companies and workers demand a high quality of life, which includes excellent public schools, access to public transportation and an anti-discriminatory work environment. According to the renowned Texas economist Dr. Ray Perryman, passing a nondiscrimination act in 2021 would lead to a nearly $20 billion increase in annual gross product and generate $1.2 billion in tax revenue to the state by 2025.
I will work to ensure that our public schools have the resources needed to provide a high quality education to students. I will seek solutions to address the lack of public transportation and wholeheartedly support passing an anti-discrimination act during the 2021 legislative session.
In his book, “Good to Great,” Jim Collins said, “good is the enemy of great.” Business, for many, is good, but don’t we Texans deserve great? Working together, we can ensure a “great” economy for all Texans.