Why, exactly, do you believe that corporations will automatically reduce the price of everything they sell by that 35%?
Please be detailed and specific.
Same reason that they automatically reduce prices when their costs decrease: competition.
It's true some of those lowers costs will be translated into increased dividends for shareholders, may also be raises for employees, capital investment for physical plant improvement, or even hire more employees. And I guess some corporations could just stuff it in a mattress.
So you are telling me that a corporation will not pass any costs reductions on to reduce prices and thus improve their market share.
Also this is pretty specific its how commerce works, you take raw material you add value to produce a good or service hopefully at a price people want. The cost of that good or service includes taxes. If all other costs factors are constant and taxes are the variable then, taxes go up costs go up, price goes up or you make less, maybe even lay off workers to try to maintain market competitiveness. Taxes go down costs go down, price goes down you grab more market share, maybe you make more, and you hire more workers, maybe again as I said before you give raises pay dividends or a combination of the above. (Usually the case in a successful business!) I detect a hint of “corporations are evil” in the written tone of your statement. I contend they are neither good or bad. Again this is pretty specific, this is how we operate or try to within the confines of current 70,000 page IRS monstrosity. (and no I am not a business owner, just a worker guy, but I watch & draw conclusions from what I see. Also this is as specific as I get! Anymore would reveal who I work for, what I do, and maybe who I am. I don't do that on-line!)