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- Taxing wealthy Americans is both fair and patriotic, a June 24 letter signed by Disney heiress Abigail Disney and 17 other ultra-wealthy Americans says.
- The letter is addressed to 2020 presidential candidates and calls for a moderate wealth tax.
- In a March interview with The Cut, Disney said that though her family had a 737 private jet, she decided to stop using it once she considered her carbon footprint and the cost her trips incurred.
- Private jets are popular purchases among many millionaires and billionaires looking for quick and easy travel.
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“If I were queen of the world, I would pass a law against private jets, because they enable you to get around a certain reality,” Abigail Disney recently told The Cut. “You don’t have to go through an airport terminal, you don’t have to interact, you don’t have to be patient, you don’t have to be uncomfortable. These are the things that remind us we’re human.”
Disney – who is the granddaughter of Roy Disney, a cofounder of The Walt Disney Co. – has also criticized tax policies that benefit the 1%. Disney is among a group of 18 ultra-wealthy Americans who signed a letter asking presidential candidates to support a wealth tax on June 24. As outlined in the letter, the revenue generated by the tax would fund environmental initiatives, fuel economic growth, and provide funding for public health care. In addition, a wealth tax is fair, patriotic, and would strengthen our democracy by reducing inequality, according to the letter.
In a March interview with The Cut, she stayed mum on the exact size of her inheritance but said that she could be a billionaire if she wanted to be. Disney noted that she’s donated more than $70 million since turning 21.
On the topic of private jets, she said that her dad’s plane was a 737 with a queen-size bed and a shower.
“We would use the plane occasionally because I have four kids, so it was much easier, obviously, to ride on my dad’s plane with them,” Disney said. “Then, at a certain point, I just said, ‘No, I think this is really bad for everybody.'”
That defining moment, she told The Cut, came after thinking about her carbon footprint and the cost of her trip while riding on the jet alone for a quick trip from New York to California.
Owning a private jet is typically a hallmark among millionaires and billionaires, especially high-powered executives and investors working in the tech industry. For them, a private jet can allow for quick and easy travel if they need to be on the other coast on the same day, according to Business Insider’s Paige Leskin.
But design trends in planes are evolving: Business Insider’s Katie Warren previously reported that the super-wealthy no longer want their private jets to look like private jets. Instead, they want them to look like extensions of their homes or offices, and they are designing them in clean lines and cool color tones.