Dossier
Employee Stock Ownership Plans (ESOPS)
Coverage of Employee Stock Ownership Plans (ESOPS) in the Nexus archive.
- Mark Cuban wants companies to give their employees more stock. Could that narrow the divide between the bottom and the top?
Mark Cuban proposed addressing wealth inequality by making employers choose between higher taxes or providing all staff members with company stock. While Congress would need to pass a law for this mandate, other avenues like Employee Stock Ownership Plans (ESOPS) are gaining popularity and tax incentives. Another suggested remedy is 'Trump Accounts,' which aim to democratize access to compounding returns through federal money.