So the only savings is the social security contribution from the employer coming off the bottom line. Any corporate income taxes are always priced into the final product. Eliminating corporate income tax would allow a lower end product price.
You got it but please note that even if a company ends up not owing a dime in corporate income taxes they will still have incurred a great deal of costs in just dealing with the law! These to find their way into prices and would would also go away with the advent of the fairtax!