[gok]

It sounds like you're talking about things that would be affected by a corporate tax rate, not a personal tax rate, which GP was talking about?

[itchyouch]

Many small businesses use flow through taxation, so they don’t pay both corporate and personal tax. S corps and LLCs.

Even if the personal tax was capped at 5M, it then doesnt make sense for personal distributions greater than 5m, so the money stays in the corporation for reinvestment.