Do logically valid arguments necessarily preserve truth? Certain inferences involving informational modal operators and indicative conditionals suggest that truth preservation and good deductive argument come apart. Given this split, I recommend an alternative to the standard truth preservation view of logic on which validity and good deductive argument coincide: logic is a descriptive science that is fundamentally concerned not with the preservation of truth, but with the preservation of structural features of information. Along the way, I defend modus ponens for (...) the indicative against an attack by Kolodny and MacFarlane, and I present a new proof system, Info, appropriate to this informational view. (shrink)