The news, distilled into what matters.
Mark Cuban laid out why he thinks companies should give all employees stock
- Mark Cuban says every employee — “from the CEO to the janitor” — should receive company stock so workers directly share in the firm’s success and income inequality falls.
- He proposes using the tax code to incentivize this (lower corporate tax rates for companies that broadly distribute equity, higher taxes for those that don’t).
- Cuban points to his own Broadcast.com payouts that made many employees wealthy and highlights the widening gap between soaring CEO pay and stagnant worker wages as why this matters.
Read full article
Get the full experience in the app — topics, comments, and audio summaries.