I'm not the OP but it's fairly simple: corporations wouldn't get taxed. Instead, shareholders would be taxed, as they're the ones who own the company and ultima

I'm not the OP but it's fairly simple: corporations wouldn't get taxed. Instead, shareholders would be taxed, as they're the ones who own the company and ultimately profit from the company's activities. You could do this by increasing the tax rate on capital gains (dividends are already income if I remember US taxes right).