United CEO's $32M Pay Sparks Debate
Scott Kirby calls for wealth tax despite taking home $32.3 million in total compensation last year, citing fairness and wealth inequality
United Airlines CEO Scott Kirby has expressed support for a wealth tax, despite receiving $32.3 million in total compensation last year. Kirby's comments have drawn attention due to his high pay and the company's significant revenue of $59.1 billion.
Kirby called for a national wealth tax and inheritance taxes that 'get close to 100% at some level', stating that he would pay them himself. He framed the idea of a wealth tax as a matter of fairness, highlighting that the current system allows wealthy individuals to accumulate wealth without paying taxes on investments that rise in value but are never sold.
The top federal income tax rate in 2025 was 37% for single filers' taxable income above $626,350. However, the federal system does not tax investments that increase in value but are not sold, which Kirby argues is unfair. Kirby's own wealth has grown significantly, with him selling $10.8 million in UAL shares.
Kirby's comments have sparked debate, with some criticizing the disparity between his high pay and his calls for a wealth tax. Despite this, Kirby has doubled down on his stance, reiterating that a wealth tax is necessary to address wealth inequality.
## Why it matters The issue of wealth inequality has become a pressing concern in recent years, with many arguing that the current tax system perpetuates inequality. Kirby's comments have brought attention to this issue, highlighting the need for a more equitable tax system. As the CEO of a major airline, Kirby's support for a wealth tax may spark further discussion and debate about the role of taxation in addressing wealth inequality.
The stakes are high, with the wealthy elite holding a significant portion of the country's wealth. If a wealth tax were to be implemented, it could have significant implications for individuals like Kirby, who have accumulated significant wealth. However, it could also help to address the growing wealth gap and promote greater economic equality.
## What happens next It remains to be seen whether Kirby's comments will lead to any concrete changes in the tax system. However, his support for a wealth tax has already sparked a national conversation about the issue. As the debate continues, it will be important to consider the potential implications of a wealth tax and how it could be implemented in a fair and effective manner.
