The New York Times’s report on Donald Trump’s taxes was rich with detail, including allegations of massive deductions for the president’s business losses, $70,000 worth of hair styling. and high-end consulting fees for his own daughter.

One less-known item was the president’s use of obscure donations called conservation easements. Those easements may be the most emblematic part of how America’s tax system favors the ultra rich.

Read the full article at MarketWatch.

Bob Lord is an associate fellow at the Institute for Policy Studies and a practicing tax attorney in Phoenix. Chuck Collins directs the Program on Inequality at the Institute for Policy Studies and co-edits

Get more news like this, directly in your inbox.

Subscribe to our newsletter.