With the gross domestic product (GDP) of USD 1,414 trillion, Texas is ahead of some of the worlds’ developed nations. As a sovereign country, it would be the world’s twelfth largest economy, by GDP. Leading property investor and developer Marcus Hiles chalks up the Lone Star state’s impressive economic portfolio to its effective policymaking strategies aimed to continually reduce government regulation and cut spending, as he calls on other states to follow Texas’ admirable example. “Over the course of past ten years, the government has created a highly favorable environment for businesses and individuals to thrive in Texas. “We have no corporate tax,” says Hiles, “and we are one of just a few states to tax no individual wage income.” Moreover, Hiles stresses that the Texas Legislature cuts spending growth each time over the course of its regular sessions.