United Airlines CEO Calls for National Wealth Tax
Kirby would pay inheritance taxes nearing 100% and says wealth inequality endangers society.
United Airlines CEO Scott Kirby called for a national wealth tax and inheritance taxes close to 100% in an October 18 New York Times interview. He cited declining public trust in executives and wealth inequality as societal dangers. The comments occur amid broader tax debates and airline practices of charging for seat selection and add-on services.
Unconfirmed: The text does not specify any wealth threshold triggering the inheritance tax or exact rates for a national wealth tax.
- Current US estate tax exemption is $15 million per person
- Top federal estate tax rate is 40%
- Airlines charge for window seats and premium services
- Customers pay extra for customized flight experiences
- Organizations
- United Airlines
- Countries
- United States
From the original article
2 min read at firstformoney.com
United Airlines CEO Scott Kirby is sounding the alarm on wealth inequality in America. In an interview with The New York Times published on Sunday, October 18, Kirby, 59, called for a national wealth tax, as well as inheritance taxes. “We should have a national wealth tax — it won’t work by state because people will just move,” Kirby told the outlet when asked about declining public trust in corporate executives.
By measurablefunc · firstformoney.com
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