Eliminate corporate income taxes entirely?

In Monday's Post Don McIver calls for "even the elimination of corporate income taxes entirely."

Of course paying less taxes does leave more money for profits or discretionary spending. The problem is that, regardless of what the government's spending priorities are, taxes are necessary. Whether building prisons or hospitals public monies have to be raised by taxes -- long term deficit spending is a short road to economic disaster.

Business corporations are, by definition, profit making entities. Requiring those businesses to pay fair and reasonable taxes on their profits is necessary for the public good; anything else is merely a wishful thinking. Put otherwise, why should the individual taxpayer subsidize corporations by paying the taxes corporations otherwise would have paid?