Ten startups will be chosen to compete for the chance to relocate their business to the Texas capital.

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Taxpayers can time their capital gains, and CEOs can relocate their companies, or at least the countries where they invest the most.

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But the mayor, not to mention those 1.1m children, may well rue the time and political capital he wasted last year on barmy plans to relocate baseball stadiums and make New Yorkers polite.

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