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
An Air Force Global Strike Command unarmed Minuteman III intercontinental ballistic missile launches during an operation test on February 23, 2021, at Vandenberg Air Force Base in California. (US Space Force)