Changes concerning retained earnings have significant negative impact and don't consider the following about businesses:

-Much higher borrowing costs than for example home loans.

-Hard to raise financing without personal guarantees and assignment of personal assets.

-Variable and seasonal income month over month and year over year.

-Participation may require investment early in the business cycle for a much later payoff, requiring capital reserves.

-Passive income already taxed at a much higher rate.

-Capital requirements are not comparable to an individual due to operating equipment, rents, leases, salaries, contractors, materials, etc. which are more than a single individual. 

-By treating a business comparably to an individual, greatly harms and limits the growth prospects and stability of the Enterprise.

-The targeted businesses are direct and indirect job creators responsible for the majority all private sector employment  - having significant consequences for job market.