United Airlines CEO Proposes Inheritance Taxes Near 100%

US Politics1 day ago

Scott Kirby is pushing for a federal wealth tax and estate levies on the country's richest residents. The United Airlines chief executive is advocating for inheritance taxes that approach 100% for the ultra-wealthy and the establishment of a national wealth tax, according to reports on Oct. 19.

The proposal, which appeared in a report from Fox Business, suggests that those at the top of the wealth spectrum should face near total taxation of inherited assets. The call for such measures by a chief executive of a major carrier prompted reactions from various financial commentators on social media.

Mapped to your portfolio

Possible scenarios

45%Comment Quickly Fades-0.0%
25%Democrats Amplify Proposal-0.1%
15%Limited Policy Traction+0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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United Airlines CEO Proposes Inheritance Taxes Near 100%

In this story

Scott Kirby (businessman)United Airlines United States

$UALUnited Airlines Holdings, Inc.

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

45%Comment Quickly Fades-0.0%
25%Democrats Amplify Proposal-0.1%
15%Limited Policy Traction+0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.