American billionaire Mark Cuban proposed raising taxes on any company that does not offer stock options to its employees. Cuban framed the idea as a way to reduce wealth inequality. He noted that tax rules for businesses could be used to encourage businesses to share company ownership directly with workers.
The proposal intends to make jobs more rewarding by giving employees a financial stake in their workplace. Under the plan, companies that provide shares to their staff would not face the increased tax penalties. Higher tax penalties would apply strictly to businesses that fail to provide equity shares to their employees.