[elizabetty]

It also taxes consumption because hidden taxes are factored into the price.

And you think corporations are going to "unhide" this factor and lower the price?

[navyguy]

If the income tax is removed, and the law says that you are now entitled to that money, and the business doesn’t give it to you its called theft.

[Man50D]

And you think corporations are going to "unhide" this factor and lower the price?

They will be forced to pass on the cost savings due to competition. You only need to look at the airline industry as one example. As soon as one airline lowers its fares the rest follow.