My point is that there are no corporate income taxes on Bob's Bakery.
In post 40, you said: You forgot the reduction (to zero) of federal corporate taxes
The only taxes on the profits of the business are Bob's personal income taxes on the profits, which we both agree that he is going to keep, so there is no "reduction in federal corporate taxes" for me to forget. I was just responding to your false statement that there would be savings to Bob's Bakery from federal corporate taxes.
Bob does not now pay the employeer's 7%+ portion of Fed wage taxes for his employee? And he doesn't pay the full 15%+ of his own Fed wage taxes?
Lucky Bob.