All corporate taxes combined make up only 7% of the federal government's revenue, and an even smaller percentage of federal spending. We could end corporate ta

All corporate taxes combined make up only 7% of the federal government's revenue, and an even smaller percentage of federal spending. We could end corporate taxes tomorrow and the treasury department would barely notice, but I can't help but imagine the efficiency gains that would ripple across the whole economy. There is so much productivity and human effort and brain power wasted that just goes into minimizing (and maximizing) the amount of tax paid by businesses. Not to mention the way it skews investment decisions.