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 Enter the raffle to win a ticket to the Mises Institute's April 26 event in Phoenix at Mises.org/phoenixraffle25 . The deadline to enter is April 1. Winners will be announced the week of April 7. To learn more about "Our Enemy, The Bureaucracy," visit Mises.org/phoenix25 Be sure to follow Minor Issues at Mises.org/MinorIssues .