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 an idea to tackle wealth inequality. He noted that tax rules for businesses could be used to urge businesses to share business shares directly with workers.
The proposal is designed to make jobs more rewarding by giving employees a financial stake in their company. Under the plan, companies that provide stock options to their staff would not face the higher rates. Stricter tax penalties would apply strictly to businesses that fail to grant equity shares to their employees.