[adamwathan]

The corporate tax rate here in Canada is 15% for profit up to $500,000, and 25% after that.

We also have a lot of rules in place to prevent income from being double taxed, for example if my business pays taxes on $400,000 in profit and I take $150,000 in dividends, I get credit for the 15% in taxes that the business already paid and am only responsible for the other ~15% that I would have owed if I had made all of that $150,000 in regular personal income.

I was surprised to find that the US corporate tax system is so brutal compared to what we have here. Higher rates, double taxation, enforcing that you pay yourself a salary and not just dividends, etc.

[hackuser]

IIRC, the overall US corporate tax burden is one of the lowest. The idea that it's so hard on corporations is, AFAIK, a talking point of corporate lobbyists. I'm open to any actual evidence, however.

Even "double taxation" is a talking point. Generally, money is taxed when it is transacted between entities: When someone pays a business (income), when you buy something (sales tax), when an employee is paid (personal income), etc. It's not taxed when it sits still. Money is double-, triple-, and in fact infinitely taxed, using the same definition, as it moves around different entities in the economy. The idea that the transaction between a corporation and its owners should be treated differently is very convenient to a select group of people.