As I’ve mentioned many times in the past, I was an Owner of a pretty significant sized corporation. At the end of our fiscal year we had very few options of what we could do with profits. One, we could pay taxes on them and retain any remaining funds to save for use, if needed, in the following year. Two, we could reduce the corporate tax burden by distributing those profits to our owners and employees…who would then pay regular income tax on the amount they received. There is no option where taxes are not paid! Thinking that corporations are somehow getting away with something is utter nonsense.
I don’t offer this as some sort of political talking point. It’s just that most people don’t own a corporation so they have virtually no personal experience on this topic other than what they’re being told by talking heads who should (and most definitely do) know better.