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.
More News from A&S
Jason Koski/Cornell University
Diana Ayubi helps Khurshid Hussainy with some finishing touches before a cap-and-gown photo shoot.
Ryan Young/Cornell University
Campus Community Leadership Award winner Netra Shetty ’25 (center-left) poses with (from left) Marla Love, the Robert W. and Elizabeth C. Staley Dean of Students; Alec Brown, program manager of the Hunter R. Rawlings III Cornell Presidential Research Scholars Program; Monica Yant Kinney, interim vice president for university relations; Sarah Bartlett, volunteer and outreach manager at the Ithaca Free Clinic; and Taili Mugambee, lead program coordinator of Ultimate Reentry Opportunity, outside of Day Hall
