United Airlines CEO Scott Kirby wants the tax that made billionaires flee California across America; says: We should have a national ...
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United Airlines CEO Scott Kirby’s push for a national wealth tax could influence public debate and policy, as his stance highlights concerns that state-level taxes may drive wealthy individuals to relocate, affecting state revenues and economic inequality.
Scott Kirby, the chief executive of United Airlines, has intensified his public advocacy for a national wealth tax. He argues that such a financial measure must be enacted at the federal level to stop high-net-worth individuals from moving to other states to dodge state-level levies. This position follows a recent interview with The New York Times, where Kirby first proposed the idea. His comments have sparked significant discussion, as he believes a uniform national policy is the only effective way to address tax avoidance by the ultra-wealthy. The debate highlights ongoing tensions over how to structure taxation for the highest earners across the country.
A wealth tax is a levy on the net assets of high‑net‑worth individuals; proposals at the state level can prompt wealthy residents to move to lower‑tax jurisdictions, prompting calls for a uniform national approach to avoid tax competition.
- •Follow any legislative proposals or hearings on a national wealth tax in Congress
- •Watch reactions from state governments and business groups to Kirby’s comments
- •Monitor further statements from United Airlines or other CEOs on tax policy