[Principled]

If as a result of eliminating income tax, a company pays a 33.33% tax on profit, their profit would have to be 60% before they could reduce their total cost 20%...

Steaming pile alert....

The elimination of income tax on profits is only ONE of the savings experienced by a business under the nrst. Don't "forget" that ALL suppliers have also experienced an elimination of THEIR income taxes too.

[lewislynn]

Don't "forget" that ALL suppliers have also experienced an elimination of THEIR income taxes too.

Using your logic if there are enough suppliers we can get it to 100% and beyond.

A 20% reduction by 5 suppliers is still only a 20% reduction...not 100%.

This is unrelated to your claim.

Don't try to weasel out, it's related to your claim of price reductions.