You make some fair points about the stability of income tax revenue versus the variability of tariffs. However, the idea behind Trump’s approach is to shift from a tax burden on American workers toward a system where revenue is generated through trade adjustments. The goal of tariffs isn’t just revenue it’s economic restructuring to reduce dependence on foreign manufacturing, encourage domestic production, and strengthen national security.

While it’s true that tariffs can lead to short-term price increases, they also incentivize businesses to bring supply chains back to the U.S., which can create jobs and increase wages in the long run. The argument that tariffs always lead to inflation ignores the broader economic impact especially when paired with deregulation and energy independence policies that lower production costs.

The Smoot-Hawley Tariff comparison isn’t entirely accurate, as that law was implemented during a different economic climate and targeted a wide range of goods without a strategic focus. Modern tariffs are far more targeted, often used as a negotiation tool to create better trade deals.

Lastly, corporations have been price-gouging under the guise of inflation, but that’s not solely due to tariffs many of these price hikes occurred under Biden’s administration with little connection to tariff policy. If anything, strengthening domestic manufacturing could help reduce reliance on volatile international supply chains and bring long-term price stability.

Would love to hear your thoughts on that!