[cortesoft]

Yes, we would; one of the main reasons we don't currently is BECAUSE of the corporate income tax. Currently, capital gains are 'doubly' taxed, first as corporate income and then as capital gains. We can offset a decreased corporate income tax by increasing capital gains taxes.

[unclebucknasty]

Indeed. I do wonder what the right offset would be to minimize the impact on government revenue.

In any case, unfortunately, I've yet to hear the political advocates for corporate tax reduction/elimination argue nearly as vociferously for an increase in capital gains taxes.