Will anything come out of these Texas Secession talks?

It's theoretically possible. It would be much more likely for California to be successful at this than Texas because of the diversification of its economy and its tax rules. Although California has income taxes and Texas doesn't, California also has property tax cap rules, whereas Texas property taxes are some of the highest in the nation because they are the only real way that local governments can fund themselves.

In the long term, this would lead to economic problems if Texas were to go it alone because they would need to build and maintain their own national infrastructure using the wildly market-forces-affected cost of real estate as a commodity.

Former Texas Gov. Rick Perry (R) might think so.

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