 Meanwhile, Trump told business leaders this month that he hopes to cut corporate taxes to 20%, which is where it should be. You know what? To be honest with you, we shouldn't have a corporate tax at all. Did you just say that? Yes, I did. And let me explain why. Corporate taxes are double taxation. Everybody in a corporation gets taxed, from the owner to the CEO down to the person pushing the broom in the lobby. Everybody gets taxed.