Disagree. Agree with 100% with OP. Taxes are high, reinvest in your company. Taxes are low, transfer wealth to yourself. As an aside, just to make some peoples blood flow perk up. In 2020, if you have paid any taxes in the last 5 years, you can expense up the wazoo, and carryback taxes. See cares act. In theory this nets out 5 years of no actual company taxes being paid.