On Obama's tax proposal: why not just propose a MINIMUM tax corporations must pay?

[Travis_0004]

7. You could still set up a LLC if you wanted to have corporate income taxes.

If you don't want S corp tax structure, then you can set up your business like a C corp, and make it a LLC. Of course this brings up issues like retained earnings, and double taxation etc, as well as a more complicated taxes.

I think if you are an S corp, then your corporate tax rate should be 0 (which it is), and you should pay your taxes like you normally do.

I disagree with the OP. Minimum taxes are a horrible idea. What about businesses that show a loss? Are you going to require them to pay taxes? What needs to happen is to eliminate dedications that allow businesses to pay 0 tax.