Yep. I don't know of a place that has a sovereign wealth fund that doesn't have corporate income taxes. Finland, Alaska, Saudi they all have sovereign wealth funds and corporate income taxes.
Speaking of corporate taxes, part of the problem is with multi-national corporations, and many rich people, there is a big hide the ball problem on taxes. See: Ireland and google, Coca-Cola and the US, the Panama papers, or I mean take your pick.
But I think corporate income taxes are good and we should keep them, this would just allow the government and the people to gain ownership and benefit from the success of American capitalism!