American billionaire Mark Cuban proposed increasing tax rates on any company that does not offer stock options to its employees. Cuban introduced the plan as a strategy to address wealth inequality. He noted that tax rules for businesses 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 company. Under the plan, companies that provide equity 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.