This just in from Texas Railroad Commissioner Michael Williams:

For the second year in a row "Site Selection" magazine has ranked Texas as the number one state in the union for business creation. With 842 expanding or new facilities Texas far outpaced all other states. The state’s business friendly tax climate also puts the state among the leaders according to a new study by the Tax Foundation [PDF file].

Texas would have finished even higher than seventh overall but for the state’s heavy reliance on property taxes which will be resolved when Governor Perry calls the legislature back into special session.

Let’s hope the commissioner’s crystal ball is not on the blink. Personally, I never tend to expect much from a lame duck session, especially with legislators who have worked so hard in the past to disappoint the electorate.