1/ I would like to address "corporate tax breaks" for a minute in terms of normative economics. First, @MittRomney was correct. Corporations are legally "people" for the purposes of action. Corporations subject to federal tax rates are "C" Corporations, and most publically https://twitter.com/KamalaHarris/status/1327778502574280707

2/ traded businesses are "C" corporations. "C" corporations pay taxes on net profits at separate corporate tax rates. What us left is usually either kept to invest in business expansion or improvements, or paid to shareholders in the form of a divided. Corporations have, or had

3/ one goal - maximize profits. This goal has several positive effects. One, typically it increases pay and benefits of all levels of employees. Two, it results in expansion of related businesses that provide goods and services to the "C" corporation, with similar benefits to

4/ those ancillary businesses. Third, it either increases the value of the corporation stock, or results in higher dividends which benefit not just founders or upper management but all shareholders including 401(k)s and pensions. Pretty straightforward? Now, to start a business

5/ or invest in the shares of an existing business, a person must decide the risk of doing so, and the return on investment. The higher the risk, the higher the return is a fairly accurate truism. Corporations once established make the same calculation in terms of hiring,

6/ expansion, improvements, and other activities under the rubric of maximizing profits. These decisions can be "yes or no" decisions, or decisions of degree. Under either case, the Corporation through its officers, and sometimes Board of directors must weigh costs and the effect

7/ of the costs on the risk reward calculation. One of the factors is "artificial" costs. These are expenses that are not subject to risk/reward analysis. Corporate taxes are a quintessential example of such costs. Paying federal corporate taxes does nothing for the corporation

8/ in terms of creating products, delivering services, or increasing value of its equity. Corporate taxes simply skew the risk/reward calculation and deters risk, and deters rewards, and all of the related benefits. Corpieate taxes act as a penalty in success. Now, some would