- Robert McIntyre: Donald Trump could be writing off millions of dollars
- Trump's example spotlights the need for real estate tax reform, he says
Robert McIntyre is the director of Citizens for Tax Justice, a progressive research and advocacy organization focusing on federal tax policies and corporate tax issues. The opinions expressed in this commentary are his.
(CNN)Until Donald Trump releases his tax returns -- which he has steadfastly refused to do after first promising he would -- any statements about his net worth, annual income and tax rate are speculative. Still, if we combine what we know about tax loopholes for real estate investors with Trump's limited financial disclosures and other publicly available information, it is reasonable to surmise, as does expert and Pulitzer Prize-winner David Cay Johnston, that the presumptive Republican presidential contender is paying very little in federal income taxes.