American billionaire Mark Cuban has suggested higher tax charges on any company that does not offer stock options to its employees. Cuban presented the tax proposal as an idea to reduce wealth inequality. He noted that commercial tax legislation could be used to urge businesses to share company ownership 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 stock options to their staff would not face the higher rates. Stricter tax penalties would apply strictly to businesses that fail to provide equity shares to their employees.