Jun 25, 2026 · 25 min · 9 segments
Texas and Florida are booming, while California and New York lose people, businesses, and political power. Kevin Freeman follows the moving vans, the money, and the policies driving America’s biggest…
Kevin FreemanHost
Sounds like a children's book, but it describes the most important economic story inside America right now.
Two models of government competing on the same continent under the same constitution.
High tax, command and control states like California, New York, Illinois, and New Jersey.
And the beautiful thing about America's federal system, that people get to grade the experiment, not with opinion polls, with moving vans.
Last August, Samsung opened a brand new North American headquarters in New Jersey.
This month, not even a year later, they announced they're moving it to Plano, Texas.
They looked at New Jersey's highest in the nation corporate tax rate and Texas' rate of zero and made the obvious call.
Samsung's chip fab in Taylor, Texas, announced at $17 billion, now grown to roughly $37 billion, comes online late this year, building some of the world's most advanced AI chips, including a $16.5 billion contract for Tesla.
The AI revolution we discussed last week? A huge part of it's being built in Texas.
After nearly 150 years incorporated in New Jersey, Exxon shareholders voted to move the company's legal home to Texas.
The headline, inside the headline, they did it over the explicit objections of ISS and Glass-Lewis, the two proxy advisors that controlled 97% of that market and pushed ESG on corporate America for years.
Shareholders looked past the woke gatekeepers and voted their fiduciary duty, their returns, their retirements, not someone else's politics.
Sounds like a children's book, but it describes the most important economic story inside America right now.
Two models of government competing on the same continent under the same constitution.
High tax, command and control states like California, New York, Illinois, and New Jersey.
And the beautiful thing about America's federal system, that people get to grade the experiment, not with opinion polls, with moving vans.
Last August, Samsung opened a brand new North American headquarters in New Jersey.
This month, not even a year later, they announced they're moving it to Plano, Texas.
They looked at New Jersey's highest in the nation corporate tax rate and Texas' rate of zero and made the obvious call.
Samsung's chip fab in Taylor, Texas, announced at $17 billion, now grown to roughly $37 billion, comes online late this year, building some of the world's most advanced AI chips, including a $16.5 billion contract for Tesla.
The AI revolution we discussed last week? A huge part of it's being built in Texas.
After nearly 150 years incorporated in New Jersey, Exxon shareholders voted to move the company's legal home to Texas.
The headline, inside the headline, they did it over the explicit objections of ISS and Glass-Lewis, the two proxy advisors that controlled 97% of that market and pushed ESG on corporate America for years.
Shareholders looked past the woke gatekeepers and voted their fiduciary duty, their returns, their retirements, not someone else's politics.
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