[bduerst]

This type of tax plan will incentivize wealth aggregation in corporations, while increasing the cost of employees and goods/services.

You want companies to spend, to increase economic cash flow and generate jobs, which is why existing corporate taxes are on net income, not revenue or costs.

[twoodfin]

Why would shareholders want a corporation to aggregate wealth?

[bduerst]

Investors want a return, and this new tax plan makes it more expensive to move money out of a corporation, even for regular operational expenses.

Corporate income tax today allows for companies to pay employees and buy goods/services without increased tax cost. It incentivizes cash flow into the economy and job generation by taxing whatever is left over (net income) after doing business.