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John,
Did you see the Alaska Airlines jet that had a door-sized hole blown open while 16,000 feet in the air:
The Boeing 737 Max jet had only been in operation since October 2023. In other words, it was brand new.[1]
For years, Boeing has been putting the earnings of its CEOs and wealthy investors over the safety of airline passengers. And it’s been dodging its fair share of taxes, using those savings for higher payouts to its executives and board members.
In the first five years under the Trump-GOP tax scam, Boeing paid net zero dollars in federal income taxes―in fact, it got a cumulative tax refund of $2.6 billion. During that same stretch, Boeing paid its top executives and board of directors $300 million, and spent $11.7 billion on stock buybacks and $9.7 billion on dividend payments to further enrich its wealthy shareholders.[2]
Over those five years, Boeing’s CEO pay was on average 148 times more than the pay of its average worker. The company’s priorities are clear: it uses its profits and tax refunds to fatten the bank accounts of its executives and shareholders, not to properly pay workers or ensure the public’s safety.
Last month, members of Congress met privately with the Boeing CEO on Capitol Hill. Afterwards they announced that the chief executive had no good answers for what caused the January Alaska Airlines blowout.[3]
The public deserves to hear from the CEO and other executives at Boeing immediately regarding its poor safety record and how it’s dodging taxes and cutting corners in order to enrich CEOs and shareholders over investing in workers and safety.
Add your name to demand public Senate hearings into the safety crisis at Boeing.
Corporations that put tax refunds and executive pay over the safety of millions of air travelers must be held accountable.
Thank you for taking action today,
David Kass
Executive Director
Americans for Tax Fairness Action Fund
[1] Alaska Airlines timeline: How incident involving missing door plug unfolded
[2] Boeing Corporate Handouts & Tax Dodging
[3] After Meeting With Boeing CEO, US Senator Urges 'Safety Ahead of Profits'
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