Tariff Increases vs. Tax Cuts


 

  • 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): Mises.org/U4 

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What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

 


Originally Posted at https://mises.org/