Can tariff increases make up for the future revenue losses from extending the income tax reductions from President Trump’s first term? This latest political hot potato is a false scenario and a dangerous one. It puts our standard of living at a critical crossroads.  Mark Thornton identifies the missing road signs.

See also "Why Smart People Are Rightly Confused About Tariffs" (Unanimity Podcast): https://Mises.org/U4

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