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College of Arts and Sciences

Tech wealthy have a responsibility to the state that made them

By: Cristobal Young,  San Francisco Chronicle
February 12, 2019

Cristobal Young, associate professor of sociology, writes in this San Francisco Chronicle op-ed that those companies who make their money in Silicon Valley have a responsibility to pay their taxes to the "state that made them," rather than the growing trend of moving out of the high tax state right before they earn cash from their pubilc offerings. 

"If tech innovators really don’t need California for their success, they should go to a low-tax place like Reno to build their business from the beginning," he writes. "They should not try to pretend they made it in Reno after becoming successful in California... It is high time for someone in Silicon Valley to speak up and say California is not just a cash machine. With great wealth comes great responsibility."

Continue reading the full story on the San Francisco Chronicle website.