No one really responded on why corporation should be taxed on profits at all. In the end if profits are distributed, these will be taxes as ordinary or capital

No one really responded on why corporation should be taxed on profits at all. In the end if profits are distributed, these will be taxes as ordinary or capital income anyway. And "stashing" is not a problem, if anything, "stashing" makes everybody a bit richer, since chunk of money is essentially temporarily destroyed.