American billionaire Mark Cuban put forward increasing tax rates on any company that does not offer equity to its employees. Cuban presented the tax proposal as an idea to reduce wealth inequality. He noted that corporate tax policy could be used to motivate businesses to share business shares directly with workers.
The proposal intends to make jobs better compensated by giving employees a financial stake in their company. Under the plan, companies that provide shares to their staff would not face the increased tax penalties. Stricter tax penalties would apply strictly to businesses that fail to offer equity shares to their employees.