The lack of any meaningful restraining power over the 1% is not just bad for the rest of us - it is in the end even bad for them. On deeper inspection, it seems corporate titans may be little more than oversized Lords of the Flies, who need to be rescued from themselves. When we talk about shifting power away from them, we really are doing it for their own good.
Tax avoidance and evasion can thus be tackled only if corporate and individual wealth taxes are reformed in tandem. And here we are at the crux of the matter: taxes are only as just as the economic and social systems they finance.