United Airlines CEO Scott Kirby Advocates for National Wealth Tax

United Airlines CEO Scott Kirby called for the implementation of a national wealth tax and inheritance taxes that could reach nearly 100% at certain levels. Kirby argued that wealth inequality has become a "danger to our society" and that taxing wealth that grows without being realized as taxable income is a matter of fairness. He stated that a national approach is necessary to prevent wealthy individuals from relocating to avoid state-level taxes.

Kirby's proposal comes after California voters rejected Proposition 40 on November 3, which would have imposed a one-time 5% tax on residents with a net worth exceeding $1 billion. The measure was defeated with 52.8% of voters opposed, following a campaign where opponents spent approximately $378 million.

The Reason Foundation criticized Kirby's position, arguing that taxing accumulated wealth discourages investment and entrepreneurship. Kirby made these comments despite receiving approximately $32.3 million in total compensation last year.