The RoE analysis is decent, but it wouldn't be HN if every now and then someone really wants to sell the idea that your average business owner and your average

The RoE analysis is decent, but it wouldn't be HN if every now and then someone really wants to sell the idea that your average business owner and your average S&P 500 business are all in this together with taxes as their enemy. Taxes don't apply equally. Taxes are a good thing. Taxes can work.