Oh it’ll be much worse.
1. the whole argument that’s put forth in favor of tariffing the shit out of everyone is that it’s a more effective way to raise revenues than nominal taxation. There’s never been any evidence given on this; it’s really just a religious belief at best and at worst it’s just a pretext for rich people not to pay taxes
2. Think what that revenue was used to pay for with Smoot-Hawley and now think about how tax revenues are used today. Smoot-Hawley was passed at a time that was pre-Medicare, pre-Medicaid, pre-social security, pre-welfare (at the federal level), pre-education department, pre-pretty much anything that assists people in the middle and lower classes of the economic ladder.
Smoot-Hawley wasn’t even effective enough under the old system when we had a gold-standard dollar and now this shit is supposed to be effective? Effective how?
You’ll notice though that’s where they come in with their bullshit about undermining those programs. Undermine education, undermine health, undermine social safety nets. Coupled with the tariff bullshit and the very inevitable tax cuts for the wealthy, that’s them telling you “we know tariffs can’t pay for all the shit our budget calls for and we don’t care. We don’t want to pay taxes. We want you to pay taxes that will subsidize our businesses so that we can make all the profits and assume none of the risks, but we couldn’t be bothered to give two drops of monkey shit if your kid has a measles vaccine, education, or food to eat tonight. Fuck you, pay me.”