You're right, they should have.I agree.
But why haven't the democrats push to fix loopholes as well? They recently had 8 straight years to do it.
https://thehill.com/policy/finance/2752 ... -loopholes
It's hard when the opposite party from the President controls congress, and the President has used all their political capital on another endeavor.
For that span of time when one party controls both, I'd love to see campaign finance reform. Then if there's still energy left, comprehensive tax reform. The problem with any net increase in tax on corporations is they're beholden to shareholders, and that disconnect seems to be immune to patriotism. They won't simply sit around in the US and pay more in taxes, they'll instead move abroad.
I don't have any good answers for the entropy of wealth. Even as it flows to the top, it is also equalizing across the globe. That leaves us with poverty at home and sweat shops abroad, and no good solution.