That the impact of taxes on business cost goes far beyond the payment of the tax itself both direct paperwork costs and indirect oppertunity costs are removed with the repeal of the current tax system. Indeed reduction of wages are not in the offing quite the contrary, with capital investment comes increased productivity and raising wages not the contrary.You need to read a few more studies beside Jorgenson's. His model is flawed, short-term (eg. perfect foresight, no labor friction) and longterm (eg. no bequests, no unemployment).
LOL, and as a consequence greater pressures on prices to fall more rapidily than jorgenson's model with the introduction of an NRST replacing income and payroll taxes.
Unfulfilled expectations for work to earn more money for investment in a zero tax high incentive environment, just leads folk to try to invest out of current income more and spend less on consumption.
The bottom line prices fall rapidily going in the transition from an income/payroll tax sytem to an NRST only system.