Isn't that a consequence of "buying" liability protection by becoming a C-Corp? There are other forms of incorporation that allow for pass-through taxation. T

Isn't that a consequence of "buying" liability protection by becoming a C-Corp? There are other forms of incorporation that allow for pass-through taxation. There is a reason those are only used in specific situations. If we are going to treat corporations as a fictional person, we should only be looking at the direct corporate tax rate.