The Tax Cuts and Jobs Act of 2017 changed the C Corporation tax rate to 21%. Many believe that if the business owner’s marginal tax rate is higher than the corporate rate the owner should reorganize their business as a C corporation. How would you respond?

The Tax Cuts and Jobs Act of 2017 changed the C Corporation tax rate to 21%. Many believe that if the business owner’s marginal tax rate is higher than the corporate rate the owner should reorganize their business as a C corporation. How would you respond?