Abolish the Corporate Income Tax

It started as an innovative way to make the rich "Pay their fair share." But the interplay between the corporate income tax and the personal one over the last century has been the main driver of American tax complexity, transforming our tax code into a legal Jabba the Hutt; it had swollen to 73,954 pages as of 2013.

Political pressure mounted to bring back an income tax to make the federal tax system more equitable.

Once the Sixteenth Amendment establishing an income tax was ratified, as it was at the end of his term, he believed that the corporate tax would be abolished.

The incentive took hold to find ways to reduce the tax bite, and lawyers and tax accountants quickly began finding them, often by playing one income tax off against the other.

With no corporate income tax, there would be no reason to tax dividends and capital gains at lower rates than ordinary income.

With no corporate income tax, the engine of tax complexity would disappear.

Without a corporate tax code, there can be no favorable tax treatment and no subsidies except direct ones, and these would be much easier to hold to account.

https://www.city-journal.org/abolish-corporate-income-tax