Abolishing all corporate taxes seems foolish. Corporations get tons of help from all sorts of government agencies. No reason why they should not pay for the services they receive.
Non-sense!
All corporate tax should be abolished.
Corporate tax is a hidden shameful tax on working people, soccer Moms, the poor, ect....
A corporation simply passes any corporate tax on to the consumer.
So really the corporation doesn't pay a dime, the corporation's customers pays it.
If Walmart for example pays 50 million in corporate tax
You think Walmart is like "OMG what are we gonna do?"
Ha Ha....yeah sure
Walmart simply raises the price of baby diapers, soccer balls, aspirin, ect... to cover the tax.
Corporate tax becomes a simple "cost of doing business" and is passed on to the consumer.