alt Hacker NewsNah, you could reasonably regard a tax system where everybody pays <2% of their income in tax as fair and likewise one where everybody pays 50%, but there is no way to call a system fair where ordinary working people pay higher effective rates than multinational corporations.
The tax rate for corporations should be zero. The need to do tax accounting and associated financial engineering is a deadweight economic loss. Eliminate corporate income tax and raise taxes on the highest income employees and investors to make the change revenue neutral. Ultimately the profits flow to those individuals one way or another so better to collect all the tax revenue from them anyway. This change would increase economic growth and benefit everyone.