American billionaire Mark Cuban put forward higher tax charges on any company that does not offer company shares to its employees. Cuban framed the idea as a strategy to reduce wealth inequality. He noted that corporate tax policy could be used to urge 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 equity to their staff would not face additional tax burdens. Higher tax penalties would apply strictly to businesses that fail to grant equity shares to their employees.