Dividends are paid from after-tax earnings, so they can't get out of corporate income taxes that way. As the article said, they could give most of the profits b

Dividends are paid from after-tax earnings, so they can't get out of corporate income taxes that way. As the article said, they could give most of the profits back to the fund owners as dividends, but the government would still get getting more tax revenue from Vanguard than before.