The problem with the corporate income tax is that it is so easy to avoid...because you avoid it by having expenses. Luxury hotel rooms and corporate jets are le

The problem with the corporate income tax is that it is so easy to avoid...because you avoid it by having expenses. Luxury hotel rooms and corporate jets are legitimate business expenses, where they aren't deductible for personal income. I have no problem believing that tax collections would increase by taxing capital gains as income and removing the corporate tax. And it would certainly be more fair than the current setup, with corporate taxation's terribly regressive incidence. The only kink is that they would have to have foreign investors paying income tax in the US, which might be hard to accomplish.