- Edward McCaffery: Revelation that Trump showed a nearly $1 billion loss on his 1995 tax returns is stunning
- He says it's wrong to assume that Trump's $916 million loss came from his own money
Edward J. McCaffery is Robert C. Packard trustee chair in law and a professor of law, economics and political science at the University of Southern California. He is the author of "Fair Not Flat: How to Make the Tax System Better and Simpler." The opinions expressed in this commentary are solely those of the author.
(CNN)The revelation by the New York Times that Donald J. Trump was showing a tax loss on his 1995 tax returns of nearly $1 billion is stunning.