Tony Schwartz, who co-authored The Art of the Deal, explained that President Donald Trump is not only the worst businessman he's also the "biggest tax fraud in IRS history."

Speaking to CNN's Anderson Cooper on Sunday in the wake of a New York Times bombshell report, Schwartz accused the president of "running a criminal enterprise."

He noted that it was discouraging to hear political commentators say that they don't think that this news will impact the election because his supporters won't consider it a big deal.

The Times report walks through the $300 million that Trump got from his father starting as young as three years old so that his father could hide money much in the same way the president does now. Some of the money he "inherited" it is now known Trump stole from his brother's daughter, Mary Trump.