Not unless they want to lose business to competitors who do lower their prices.
"Not unless they want to lose business to competitors who do lower their prices."
To an extent I can agree with your statetment. Guess it really will depend on type product being sold, whether there is much competition or not. If say, all the gun manufactures in the US have an agreement that they will not lower the cost of the products, then obviously in this case, your hypothesize would not hold up. If all companies that compete in lets say tooth paste, beer, whatever, agree to not reduce the cost of their product, once again, only the companies will benifit. No they will not hire new people. Why should they? The cost of manufacturing, marketing, and distributing the product does not deviate from prior to the sales tax, so they have no reason to want to create new jobs because they now have more money to distribute to high level execs etc..
So as usual one can present many arguments pro and con on this type issue. Bottom line is, I for one must learn/re-learn a great deal more about what is proposed before I should be making comments on this topic.
Perhaps I am "very un-learned" on the issues involved.