American billionaire Mark Cuban proposed raising taxes on any company that does not offer company shares to its employees. Cuban presented the tax proposal as a strategy to reduce wealth inequality. He noted that tax rules for businesses could be used to motivate businesses to share firm equity directly with workers.
The proposal is designed to make jobs more lucrative by giving employees a financial stake in their workplace. Under the plan, companies that provide equity to their staff would not face additional tax burdens. Increased tax duties would apply strictly to businesses that fail to provide equity shares to their employees.