Bill Gates is the first one that comes to mind and he was challenged.
Bill Gates isn’t even CEO of Microsoft anymore, and Microsoft isn’t a Silicon Valley company. They have offices in the area, but they’re fundamentally a Seattle company, hence the nickname “Redmond”, after the Eastside city they’re in.
Sundar Pichai from Google wants higher taxes while the firm moved billions into Bermuda.
As far as I’m aware, Sundar last made a comment on taxes over a year ago in response to the company exploiting tax loopholes. Even then, his comment wasn’t “tax others” but,
“We are happy to pay a higher amount [of taxes], whatever the world agrees on as the right framework.” Granted, his response as a whole had a bit of a “you let us do this” excuse, but I also don’t expect a CEO to come out and say, “Yeah, if we don’t do that, our shareholders will complain and maybe sue us.”
However, I would hardly call any of this a trend, nor has his tendency been to call for taxes on others while seeking breaks for himself. It’s more correct to say that, when asked, he’ll give an answer that tries to not anger either side.
Complex but it could start with the issue of firms avoiding taxes.
I think most Americans would agree that the corporate tax structure needs to be rewritten. We’re in an odd place of having one of the highest in the world but, due to the various breaks and loopholes, companies often pay considerably less.
With that said, it isn’t as simple as going from tax to homelessness fixed. You actually need to provide a plan for what that money will do. When Seattle proposed its head tax last year, some people I knew there were wary of it less out of aversion to taxes and more out of lacking trust in the city’s ability to actually do anything with the money. While higher taxes
might slow down the influx of employees to the region, allowing supply to catch up with demand a bit, even that isn’t guaranteed,
especially given the stunt Amazon recently pulled.
But as already hinted at, you sort of need to fix the tax laws first. If options exist to avoid paying taxes, shareholders will get fussy over not taking advantage of it, and they have the ability to sue if they feel the company isn’t taking care of their money well enough. So even if a CEO like Tim Cook or Sundar thinks paying higher taxes is the right thing to do ethically, they also need to convince shareholders that it is the right thing to do fiscally.