The big thing with the multinationals is that they're able to pull stunts like corporate inversions & royalty payments to their foreign entity to reduce their p

The big thing with the multinationals is that they're able to pull stunts like corporate inversions & royalty payments to their foreign entity to reduce their profit under the (more heavily taxed) US entity. Then you have measures intended to rein them in like GILTI & Transition Tax, which end up mostly affecting smaller businesses.