[JoshTriplett]

"No taxation without representation". You get taxed twice, but only represented once. (If that.)

It seems completely reasonable for either individuals or companies that are large enough and mobile enough to relocate to shop around for a better value for the cost.

[judk]

Explain how being taxed once at 40% is better than being taxed twice at 20%.

And then explain how Limited Liability fits your theory -- profit without accountability for misdeeds.