American billionaire Mark Cuban put forward raising taxes on any company that does not offer equity to its employees. Cuban introduced the plan as an idea to reduce wealth inequality. He noted that tax rules for businesses could be used to urge businesses to share firm equity directly with workers.
The proposal is designed to make jobs more rewarding by giving employees a financial stake in their workplace. 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.