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Mark Cuban Proposes Taxes on Firms Without Employee Equity

8/24/2026

Summary

Story summary

Mark Cuban proposes higher taxes on firms that don’t grant equity to employees.
Companies could avoid the tax by offering pro-rata equity to non-founder executives.
Cuban cites giving stock to 330 Broadcast.com workers in 1999, 300 millionaires after Yahoo’s $5.7 billion purchase.
Federal Reserve data show U.S. bottom 50 % wealth rose from $1.02 trillion (Q1 2016) to $4.27 trillion (Q1 2026).
Cuban warns rising income disparity could spark unrest, the most costly tax on businesses.

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Story summary

Mark Cuban proposes higher taxes on firms that don’t grant equity to employees.
Companies could avoid the tax by offering pro-rata equity to non-founder executives.
Cuban cites giving stock to 330 Broadcast.com workers in 1999, 300 millionaires after Yahoo’s $5.7 billion purchase.
Federal Reserve data show U.S. bottom 50 % wealth rose from $1.02 trillion (Q1 2016) to $4.27 trillion (Q1 2026).
Cuban warns rising income disparity could spark unrest, the most costly tax on businesses.