Robber barons (todays corporate management), prefer high corporate taxes over personal tax rates.

When corporate taxes are high, a company has a higher incentive to give non-wage benefits to management (meals, travel, gifts, etc; see Conrad Black), if they can pay them with pre-tax, deductable dollars.

But when corp. taxes are low, shareholders would rather have those earnings as profits, than give them to management. To compensate for the reduced benefits, they'd have to pay higher(!) salaries to management. However, as the article mentioned, if corp. taxes are low, personal income taxes must be higher, which means those wages must be taxed at a higher rate. The net is lower total income (wages + benefits) to corporate management.

Today's CEO's have greater political power than shareholders (which have a large stake from pensions). Our CEO president NEVER had reducing corporate tax rates as part of his agenda. This is just another way for the modern day robber barons bilking the public.

"prefer high corporate taxes over personal tax rates."

You hit the nail on the head. Just a means to deduct expenses. Great catch