United Airlines CEO backs national wealth tax, near-100% inheritance tax

FOX Business contributor Lou Basenese reacts to United Airlines CEO Scott Kirby’s call for a national wealth tax, arguing the policy would discourage investment and wealth creation.

FOX Business contributor Lou Basanese analyzes a proposal by United Airlines CEO Scott Kirby to implement a national wealth tax. He also details the potential economic impact of a near-100 percent inheritance rate on business owners and investors.