The whole problem with Texas seceding would be the influx of people from all the other states.
That would be only one of the problems, of which there would be quite a few.
30% of the money in the Texas budget comes from the fed. Granted there are federal mandates that would be able to be scrapped, but that’s still a lot of scratch.
What does it cost these days to convert your state to its own country?
That would easily be made up (and more) because then Texas would not be sending any federal taxes to the fed.
It's actually a net gain for Texas as (I think I've heard this) Texas only gets about 87% of the money that it sends to DC.
We would have to review what how that Fed money is allotted. We have loads of natural gas that is being regulated by the RR commission, we could lift that regulation.
I would like to think Texans would step up to the plate and make up the difference. Give them freedom, security, etc. and they will find a way.
30% of Texas’ money may come from the Fed, but I’m willing to bet that as a productive state that’s less than what the Fed gets out of them in income taxes and other fees, it would either be a wash or a net positive for the state...
But don’t forget to consider how much money is being taken FROM Texas by the feds in many forms such as income taxes, corporate taxes and many others that would no longer be leaving Texas. That money could be put to much better use if it were to stay in Texas. Also Texas would no longer be hobbled by federal regulations on offshore drilling etc.