[carlob]

> just be paid on the individual side by capital gains

When you are rich enough you can just borrow using your wealth as collateral and never incur in capital gains.

[charcircuit]

You will have had to pay taxes on the money you use to pay off the loan.

[whimsicalism]

not if it is just another loan

[whimsicalism]

agreed but imo this is orthogonal to corporate taxation and needs a mark2market solution, at minimum when an asset is used as collateral.