United Airlines CEO faces rightwing backlash after calling for US wealth tax
Also reported by The Hill
Summary
United Airlines CEO Scott Kirby said wealth inequality is a problem and called for a national wealth tax and high inheritance taxes. His comments sparked criticism from conservative figures, who pointed out his $32 million salary and urged him to share money with lower-paid employees. Kirby also discussed rising airline prices, explaining they reflect higher costs after pandemic lows.Key Facts
- Scott Kirby, CEO of United Airlines, supports a national wealth tax and near 100% inheritance taxes at some levels.
- Kirby said a state-level wealth tax would not work because wealthy people could move states.
- He stated he would personally pay these taxes.
- Conservative politicians and commentators criticized Kirby, highlighting his $32 million salary.
- Louisiana Governor Jeff Landry suggested Kirby should give his salary to lower-level employees.
- Kirby said airline prices are higher than during the pandemic, which had unusually low prices due to reduced travel.
- He explained that charges like $70 for aisle or window seats help cover costs and meet customer preferences.
- Airline fares are still slightly lower than in 2019 when adjusted for inflation, despite recent price increases.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.