Mark Cuban, whose net worth is reportedly more than $10 billion, has proposed a new way to tackle wealth inequality: companies that do not give employees equity should face higher corporate taxes. The Shark Tank star says workers should benefit when the businesses they help build become successful.
Mark Cuban has spent years speaking publicly about wealth inequality and ways to spread the financial gains created by successful companies. Now, the billionaire entrepreneur is proposing a stronger incentive for businesses: share equity with employees or pay higher taxes.