Sorry, I might not have made that point clear: they wouldn&#x27;t be taxed at all. Not at the corporate level, that is.<p>As far as I can tell, money will exit corporations in three ways: 1) salary, 2) shares and 3) payments for goods&#x2F;services, mostly to other corporations. Income and capital gains taxes will take care of 1 and 2. The company won&#x27;t owe taxes, but whichever natural person receives the money will. As for 3, my proposed system would be captive: because it doesn&#x27;t charge corporate taxes, corporations won&#x27;t have any motivation to try and move their earnings to other corporations (as they couldn&#x27;t be taxed any lower).