That is but a half-truth. Since we are no longer taxing income, companies make more profit, however because we are taxing sales the price (that's base price not final sales price which incorporates all taxes) to stay competitive will have to drop or other countries will still have the edge. If it costs $10 here to make one widget (that is including wages) it will cost 13-14 dollars after taxes (city/county (in some places)/state/federal). Now that same product might only cost $4 or maybe less to make in China making the final price 5-6 dollars. Why would the federal tax bring jobs back?

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Non concupisces domum proximi tui; nec desiderabis uxorem eius, non servum, non ancillam, non bowem, non asinum, nec omnia quae illius sunt.