Hi CF, eliminating corporate tax would make US corps much more competitive in the global market - increasing sales, creating jobs and thus increasing individual tax revenue. Don't know how it would all work out though. Consider Sub S corps, they don't pay tax, profit or loss is passed on to individual shareholders. If profitable the individual reports his/her portion as income - even if it was plowed back into the business and no cash was distributed. If applied similarly to all corp profits that might work. (thinking out loud)
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