Personally, I don&#x27;t think the income tax for corporate entities makes sense. The scale and complexity of these organizations makes compliance and enforcement ridiculously expensive and unfair.<p>Most famously, General Electric has hundreds or low thousands of IRS employees on-site performing audit functions continuously. It&#x27;s a waste of everyone&#x27;s time.<p>IMO, it makes more sense to apply excise taxes, consumption taxes or taxes on corporate treasury balances. Or not to tax them at all.