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United Airlines CEO faces rightwing backlash after calling for US wealth tax

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.
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