With all the talk now-a-days about corporate tax rates and corporations such as GE not paying their "fair share" I thought it might be good to bring up a bit of logic to explain to people why corporations should not be taxed and also how even if you tax a corporation at 90% they will STILL not pay any taxes, not really anyway.

So here is how it works and if you are looking for a long read, sorry, this topic is just too simple. It all boils down to Corporations