your reasoning doesn't quite follow your assertions. abolishing corporate taxes would be counterproductive to your goal of leveling the playing field. corporat

your reasoning doesn't quite follow your assertions. abolishing corporate taxes would be counterproductive to your goal of leveling the playing field. corporations would become even greater bastions of wealth shielding, not less. rather, equalizing corporate, capital gains, and individual income tax rates would go a long way to making things more fair. however, you have many other inequalities, like the corporate tax shield and carry-forward (-back) deductions. and the capital gains rate is but one brick in the wealth accumulation firewall. the justification for lower capital gains rate is to encourage putting capital to productive use, not double taxation (as sibling commenter mentions), but it's a poor justification. as long as one more dollar can be made, (some) folks will find a way to make that dollar, with or without any external incentive. it's just a giveaway to wealthy patrons by politicians.