Inkscape – A free vector graphics editor and CorelDraw Alternative
Inkscape is a designer tool which help you to create vector graphics. It is an Open Source vector graphics editor, with capabilities similar to Illustrator, CorelDraw, or Xara X, using the W3C standard Scalable Vector Graphics (SVG) file format.
Inkscape supports many advanced SVG features (markers, clones, alpha blending, etc.) and great care is taken in designing a streamlined interface. It is very easy to edit nodes, perform complex path operations, trace bitmaps and much more. We also aim to maintain a thriving user and developer community by using open, community-oriented development.

You can download this software from here for you Mac, Windows and Linux environment. Also you can check DrawPlus, another free vector graphics editor.




I have to agree this is a great piece of software for icon designing