We worry about growing inequality and the dwindling middle class, and advocate various policies to reverse these trends. And yet at the same time, we talk about reducing or eliminating the tax deduction that does the most to promote a more equal distribution of economic well-being.

Caption
A US Marine Corps VXE30 Stalker unmanned aerial system is staged during a maritime domain awareness training exercise in southern Finland on July 31, 2025. (DVIDS)