American billionaire Mark Cuban put forward higher tax charges 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 corporate tax policy could be used to encourage businesses to share company ownership directly with workers.
The proposal is designed to make jobs more lucrative by giving employees a financial stake in their workplace. Under the plan, companies that provide shares to their staff would not face the higher rates. Increased tax duties would apply strictly to businesses that fail to offer equity shares to their employees.