Joe's doing his best with Corporate Taxation. It's not easy.

[ProfessorGAC]

2. This Analysis Seems To Differ

It suggests that macroeconomic health is not truly linked to corporate tax rates.

https://www.epi.org/publication/ib364-corporate-tax-rates-and-economic-growth/#:~:text=The%20statutory%20corporate%20tax%20rate%20is%20also%20displayed%20in%20Figure,in%20steps%20to%2035%20percent.

Also, this chart shows that inflation adjusted median income has risen only 32% in 55 years. That's 0.5016% per year.
Note that the slope of the line in eras of higher corporate rates is awfully close to that of lower tax regime periods.
In fact, the steepest slope in this chart occurs where corporate taxes peaked in the last 40 years.
https://www.multpl.com/us-median-real-income
The premise that there is a direct correlation between corporate tax rates (statutory or effective) & worker compensation does not exist.

Finally, fiduciary duty does not require cutting compensation to maximize profits. The duty is to take proper strategic & tactical steps to BOTH maximize yield AND create sustainability for long term financial viability.
Turning a company into a revolving personnel door by racing to a wage bottom is actually unsustainable, so taking such action in reflexive reaction to statutory tax rate increases is not within the fiduciary duty.

Sorry, but this premise seems very much like the 2 dimensional thought processes of the Chicago School & the Cato drones.