It sounds sinister in a headline, but from a general theory perspective, why shouldn't we just dump corporate tax altogether and simply raise personal capital g

It sounds sinister in a headline, but from a general theory perspective, why shouldn't we just dump corporate tax altogether and simply raise personal capital gains taxes to match income taxes? Corporate tax is ultimately a double-tax. All of those profits will eventually be paid to investors (dividends, buybacks, acquisition) or employees (bonuses, profit sharing, stock options), where it will be taxed. If both types of income were taxed the same...it wouldn't matter who got the money, or how. Companies creating bizarre international corporate structures and governments spending time competing to untangle them is a giant waste of human bandwidth. We should just dump this charade altogether and focus on more important things.