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The reason people incorporate is so that they are protected if the corporation is sued or held responsible for a bad thing they have done.

And chapter 7 does the act same thing for individuals. Do you propose doing away with the Bankruptcy Code for individuals?

In any event, you are aware that capitalism has been built on encouraging people to take risks. It's called the culture of the entrepeneur and part of that very successful culture has been the establishment of the corporation, which allows people to invest in business ventures without having to worry about being wiped out if the business they invested in does not succeed. This method of doing business has demonstrated it benefits repeatedly over the past 400 hundred years. Do you have some alternate way that business should be organized?

Lastly, I am assuming based on your animus against corporations that you have never tried to start up a business yourself. Would I be correct in that assumption?

Ch. 7 and corporate liability protections are apples and organges. If an individual commits a criminal act, they are generally held accountable.An individual generally doesn't declare ch. 7 if they've commited a criminal act. If individuals through corporations commit criminal acts, what happens?

I believe corporations should not make any political contributions, nor spend money to influence legislation.

That is where the real harm to America lies.

BTW I have spent the last 20 years starting up companies. I have pointed out criminal acts of specific corporations. Tell me. Why would you protect entities that harm this country to the point of destroying the economy to "harmonize wages" with slave labor communist countries? Do you think the world your children or grandchildren will inherit is going to be a free world? Or a world where the corporate government siamese twin makes the rules, instead of the individual expressing their God given freedom? What happened to the federal government charter to protect the rights of the individual? When did it disappear and become a charter to protect the "rights" of a multinational corporation (whom we agree is an artifical entity and not an individual).