I'm not sure if it's the same in the US, but here in Europe most countries differentiate between corporate taxes, which you pay on profits, and employment taxe

I'm not sure if it's the same in the US, but here in Europe most countries differentiate between corporate taxes, which you pay on profits, and employment taxes/social security contributions, which you (as a company) need to pay for each employee. For small businesses the profits are typically what the directors 'take home' as their salary, so raising corporate taxes would impact them (however that could be countered by lowering personal income taxes), but it wouldn't cut the cash flow available for hiring employees.