I agree with you on #2, but not on #1. I think the correct reform of the corporate income tax is to abolish the "bazillion highly specific loopholes." If it w

I agree with you on #2, but not on #1. I think the correct reform of the corporate income tax is to abolish the "bazillion highly specific loopholes." If it was abolished entirely, I think you'd very quickly see corporations being set up and used purely to evade individual income tax, especially among the extremely wealthy. That said, I do think it makes sense to not tax money at the corporate level that's remitted as dividends that would be taxed individually.