[mrguyorama]

So nobody would mind going back to that reality right? Companies would totally pay less in taxes than they do now, right?

Oh, they fight that actually.

[CamperBob2]

"That reality" was one in which the wealthy had countless deductions, loopholes, and shelters that were unavailable or inapplicable to everyone else, which (almost) everybody agreed was an undesirable state of affairs.