Corporations already pay far less than the statutory tax rate. They don't need a tax cut.
http://www.epi.org/publication/corporations-pay-between-13-and-19-percent-in-federal-taxes-far-less-than-the-35-percent-statutory-tax-rate/
Corporations pay between 13 and 19 percent in federal taxes—far less than the 35 percent statutory tax rate
As the GOP push to pass “tax reform” starts to heat up, policymakers will debate whether the corporate tax rate is too high or too low. A standard but misleading talking point for those wishing to give more tax breaks to corporations is that the United States has one of the highest statutory rates in the world at 35 percent. This is misleading because what corporations actually pay (their effective rate) is far lower. The corporate tax code is riddled with loopholes, most notably the deferral loophole which allows large multinational corporations to avoid paying their taxes indefinitely on profits they make offshore. And despite some recent claims to the contrary, a recent CBO report doesn’t overturn, but rather bolsters the research showing that corporations pay less than a 35 percent tax rate...
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