So you reduce their earnings and force them to buy stock with that money?
How many employees would go for that plan?
Microsoft, Lowes, Home Depot and other companies did that for their employees. Many became wealthy. Its incentivizes a stronger work ethic because its "their company too." It gives hard working people a better shot at the American Dream. It reduces the level of political polarization and class warfare because the same people who see benefit in certain government policies are in the board room, the corner office and the cubical. It creates a more robust US economy because its less likely stockholders will vote to eliminate their jobs and use sweatshop labor in the third world. If they do, we have a lot of American investors with capital to invest to create new opportunities and back new ideas with less dependency on foreign investment.
Because I'm European. In Europe, we made that mistake generations ago. Today, we have aristocracies. Generational wealth. These people don't work for a living. They leave that up to the "working class" (so called for a reason).
The aristocrats live off their inheritance, the value of their land, and their inherited stock assets. They buy political power and they are above the law.
These people are a cancer to society, and you should stop it from happening before it infects your whole society.
What makes America great is that it's a land of opportunity where anyone can make it. Rags to riches. You are losing that.
I think it may already be too late.
"The arc of the moral universe is long, but it bends toward justice"---Dr. Martin Luther King, Jr.