Do you own a small business? If so you cannot be serious. If not you don’t understand how a normal small Chapt S pays taxes.
I am retired but owned a very successful S Corp business for many years. I would have loved to only have a 10% Federal income tax rate! We had a very labor intensive business, but the elimination of the payroll tax and deduction of capital expenditures should still probably allow the owner to come close to the current situation depending on labor and capital costs in there cost structure.
For some businesses, it my pay to switch to C Corp status. S Corp primarily became popular because the corporate rate was higher than the individual rate. If you have low cap ex and very high labor cost, a C Corp might generate less tax burden.