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 weapon is mounted on the Lehit ground robotic system, developed by specialists of the International Legion under the Defence Intelligence of Ukraine, during a demonstration in Ukraine on December 9, 2025. (Getty Images)