If corporations are "people" and people pay taxes, corporations should PAY TAXES TOO FFS. It's only logical.

they, corporate "persons" get to deduct all expenses (including their excess losses - net operating losses or NOLs - over income against future income - likely what those companies are doing.

human persons (i.e., individuals) have a much more limited array of deductions - therefore never really hitting 0 income unless truly not earning much / anything.

Wild stuff. Happy 4/15!

The Code, especially Subchapters C and N, are built to facilitate (tax) efficient capital formation. But that's simply a policy decision - which, given certain circumstances, could be changed.

BS? Sure. But nonsense - hardly, it's built - again, as you note, the mega-wealthy.

Now - corporation law, that's some really loaded stuff. Would be interesting to see what a return to mid 19-th century corporation law would look like (e.g., corporations existing for a specific purposes and at the pleasure of the state - theoretically, the people - and not being allowed to own other corporations vs. the modern general incorporation statutes and holding company regime). You want to make them smaller and easier to control? Overturn not only Citizens United, but more importantly Santa Clara v. Southern Pacific.