DISQUS

This is such a misleading news item. Corporations are taxed on their undistributed profits, not their revenues. Revenues are taxed through sales taxes on completed products, which the immediate or eventual customers of those corporations most certainly paid. They are also taxed through the individual income taxes of the employees. Profits are also taxed in the name of the dividend payee. The last two taxes are progressive, while a straight corporate tax would hurt all investors the same.