Business · Companies · 9 hrs ago

United CEO Scott Kirby backs a national wealth tax

United CEO Scott Kirby backs a national wealth tax

United CEO Scott Kirby called wealth inequality a danger to society and said the US should introduce a national wealth tax.

He argued that a tax set by individual states would not work because wealthy people could move elsewhere.

Kirby also said inheritance taxes should rise to nearly 100% above some level, though he did not say what level or tax rate he supports.

His 2025 compensation was about $32.3 million, including salary, stock awards and performance incentives.

That was about 334 times United's median employee compensation of $96,670.

The gap between Kirby's pay and typical employee pay has drawn attention as he argues that wealth inequality needs to be addressed.

A California proposal to tax billionaires is due to go before voters in November, while Kirby's comments have also drawn criticism online.

4 sources

Related

What people are saying

Scott KirbyUnited Airlines CEO
Wealth inequality has become a danger to our society, and we need to address that
via Fortune
We should have a national wealth tax — it won't work by state because people will just move
via Business Insider
And I think we should have inheritance taxes that get close to 100 percent at some level. I would pay them.
via Fox Business
Jeff LandryLouisiana governor
he could simply cut a check
via Fortune

Posts on X