Corporate taxes exist because the massive wealth of a company potentially does not translate into income for shareholders for many, many years. Corporate taxes exist for a variety of reasons, actually, and suggesting to get rid of them is really silly.
I get that you want to raise the income tax and capital gains tax but that does not substitute a real corporate tax.
http://www.nytimes.com/2014/01/06/opinion/abolish-the-corporate-income-tax.html
http://www.nytimes.com/2016/01/13/opinion/a-progressive-way-to-replace-corporate-taxes.html
http://www.nytimes.com/2014/05/03/opinion/end-corporate-taxation.html
http://www.pbs.org/newshour/making-sense/abolishing-corporate-income-tax-good-american-workers/
http://www.businessinsider.com/6-reasons-to-get-rid-of-the-corporate-income-tax-2013-11
http://www.wsj.com/articles/john-st...o-abolish-the-corporate-income-tax-1419899269
http://www.theatlantic.com/business...uld-eliminate-the-corporate-income-tax/65351/
https://www.bloomberg.com/view/articles/2012-06-19/how-to-kill-the-corporate-income-tax
http://www.vox.com/2014/8/8/5982479/the-big-problem-with-abolishing-corporate-taxes
http://www.dailykos.com/story/2014/8/25/1324505/-Eliminate-corporate-tax-seriously
I'll let Robert Reich make the argument.
It's time we eliminated the corporate income tax and made up the shortfall by increasing capital gains taxes. Here's the logic: First, the corporate income tax favors big companies that are able to shift their income abroad and engage in other tax-avoidance activities, while harming small companies that can't do any of this and therefore suffer a competitive disadvantage. Yet small companies are the engines of job growth in America.
Second, the people who actually pay the corporate income tax should properly be the company's shareholders, who are the legal owners of the company and who benefit from increases in its income. But in many cases, depending on the structure of the market, a significant share of the actual burden of paying the corporate income tax is often borne instead by employees in the form of lower wages, or consumers in the form of higher prices.
Corporations will not simply sit on their money and do nothing with it. They will either invest it by expanding their business operations, increase salaries, do a stock buyback or raise their dividends to their shareholders. The first one is simply good for the economy and the others put money in the hands of rich people that are then taxed.
The benefit of this, as Robert Reich notes, is that companies will no longer flee overseas with jobs to avoid paying taxes. Moreover, it is also less disruptive to the market.