A taxpayer is forming a new corporation and has $500,000 to invest in her company. Following the advice of her tax consultant, the taxpayer designated $300,000 for the purchase of corporate stock and...

A taxpayer is forming a new corporation and has $500,000 to invest in her company. Following the advice of her tax consultant, the taxpayer designated $300,000 for the purchase of corporate stock and $200,000 as a loan to the corporation. Comment on this tax plan.