That is the same dilemma that was faced by our Founders back in 1789, during the enactment of The First Federal Revenue Law
On April 8, James Madison, once again a congressman from Virginia, addressed the House. He went right to the point. Congress, he said, must "remedy the evil" of "the deficiency in our Treasury." He argued that "[a] national revenue must be obtained," but not in a way "oppressive to our constituents." He then proposed that the House adopt legislation, virtually identical to the unimplemented Confederation tariff, imposing a five-percent tariff on all imports...
Congressman John Laurence of New York supported Madison's proposal, arguing that "the more simple a plan of revenue is, the easier it becomes understood and executed." Madison elaborated. A single, uniform tariff, he insisted, had two advantages. First, it could be imposed quickly, which was important because "the prospect of our harvest from the Spring importations is daily vanishing." Second, it was consistent with the principles of free trade
While widely demonized, misconstrued and denounced by the special interests that corrupt Congress today, our Founders wisely recognized that a relatively-low, uniform, flat-rate revenue tariff levied on ALL imported goods was the least oppressive form of taxation that could be imposed by our fledgling Republic.
It would be equally wise if we could emulate their example as best we can today: raising revenue for the Treasury through a uniform tariff to enable further reduction of other, more onerous, forms of domestic taxation. Of course, reduction of the size and scope of the federal government should be pursued as well.