American billionaire Mark Cuban has suggested increasing tax rates on any company that does not offer equity to its employees. Cuban framed the idea as a strategy to address wealth inequality. He noted that commercial tax legislation could be used to encourage businesses to share business shares directly with workers.
The proposal intends to make jobs more rewarding by giving employees a financial stake in their employer. Under the plan, companies that provide stock options to their staff would not face the higher rates. Stricter tax penalties would apply strictly to businesses that fail to provide equity shares to their employees.