Why in heaven's name would an employer drop wages?The taxes employer's pay are nowhere near the amount required to drop prices >20%. To drop prices that much you would have to reduce wages by the amount of payroll/income taxes that the employees were previously paying, ie. take home pay stays the same.
The way I am understanding this the employer will actually be laying out less money by not having to pay all the insidious taxes on the wages.
Why...the employers other expenses will also drop, particularly in the cost of purchases to do business, including but not limited to dealing with tax code compliance.