American billionaire Mark Cuban put forward raising taxes on any company that does not offer stock options to its employees. Cuban presented the tax proposal as a way to address wealth inequality. He noted that tax rules for businesses could be used to urge businesses to share firm equity directly with workers.
The proposal aims to make jobs more lucrative by giving employees a financial stake in their company. Under the plan, companies that provide stock options to their staff would not face the increased tax penalties. Higher tax penalties would apply strictly to businesses that fail to offer equity shares to their employees.