Clinton: Romney's wealth 'relevant' to campaign
July 13th, 2012
12:46 PM ET
2 years ago

Clinton: Romney's wealth 'relevant' to campaign

(CNN) - Former President Bill Clinton said Friday that Mitt Romney's overseas financial investments are "relevant" to the 2012 presidential race.

"The public ought to know that and voters can make up their own mind about whether they think it's a good thing for a person who wants to be president to minimize his own tax liability by putting the money in overseas tax shelters," Clinton said on NBC's "Today."

– Follow the Ticker on Twitter: @PoliticalTicker

– Check out the CNN Electoral Map and Calculator and game out your own strategy for November.

President Barack Obama's re-election campaign and national Democrats have been calling on Romney to release more than the two years' worth of tax documents he's already made public.

They claim the documents will answer questions about Romney's offshore investments, namely in places considered to be tax havens like the Cayman Islands, Bermuda and Switzerland.

Making his point on Friday, Clinton said Romney's wealth and background are just as "relevant" as his own record when he first ran for president in 1992.

"All your work life before you run for president is relevant," he said.

Romney's campaign has been pointing to the fact that it released the candidate's tax returns for 2010 and an estimate for 2011, in addition to financial disclosure documents required by federal election law.

Romney, whose worth is valued up to $256 million, said Wednesday he'll put out his most recent year of tax returns "as soon as that's prepared."

"The Democrats are always going to be critics. We have released all of the financial statements required by law and two years of tax returns," Romney said on Fox Business Network.

Others, defending the presumptive GOP presidential nominee, have called on Democrats to stop making an issue out of Romney's taxes.

"He's released everything that he's required to release including paying more than sixteen percent of his income to charitable giving," Rep. Jason Chaffetz of Utah, a Romney surrogate, said Tuesday on CNN. "Governor Romney's been very successful. Get over it."


Filed under: 2012 • Bill Clinton • Mitt Romney
soundoff (57 Responses)
  1. NVa Native

    No, it's not about profit – it's about re-establishing American Democracy.
    Take your fake patriotism and try to cash it in somewhere else, and take these tee-bagg'n followers with you.

    July 13, 2012 02:32 pm at 2:32 pm |
  2. fernace

    The relevancy of Romneys records speak to openess/honesty/integrity of a candidate! The fact that Romney is so hesitant to provide "real proof" of taxrecords & his actual Bain departure, speaks to "something to hide"! The President showed every source of birthcertificate & live birth record, even though it's Not a requirement of an American president & was spurred by bigotry! He still did it to ease peoples minds & to show he had nothing to hide! Why can't Romney!? Also, I would hope those who want to lead us, would want to invest in the nation! You don't do that by hiding your $$ in offshore taxshelters!!

    July 13, 2012 02:37 pm at 2:37 pm |
  3. The Other Campaign Strategist

    I trust the democrats won`t be punks and will skewer Romney with his own words and actions.

    While on "Today" Mitt Romney said middle class people were "ENVIOUS" of HIM because his "success".

    Americans do not begrudge anyone their success if they have been smart, worked hard, and played fairly & above board. Unfortunately, vulture capitalism, off-shore tax havens, and manipulating tax returns to hide activities don`t meet that standard.

    Romney MUST release his tax returns & ALL fillings at a minimum PRE-DATING any elected office he has ever held by FOUR YEARS. This will reveal any manuevering he may have made to "window dress" his image.

    July 13, 2012 02:39 pm at 2:39 pm |
  4. Dan

    Voters should also be informed why Governor Romney destroyed all computer records related to his time as Governor.
    If you had nothing to hide, why destroy records illegally?

    July 13, 2012 02:41 pm at 2:41 pm |
  5. clownshoes

    Hey Bill, your opinion is irrelevant nowadays.

    July 13, 2012 02:42 pm at 2:42 pm |
  6. anthony78

    Presidential hopeful "Gordon Gecko"! Thats the best one yet! Worth reposting.

    July 13, 2012 02:47 pm at 2:47 pm |
  7. freddie nerk

    Romney is hiding something. He probably paid 0 tax in prior years. How can this Tax Dodger be fit to be President? Why doesn't Donald Trump demand Mittens prove he is not a Tax Dodger? GOP are traitors.

    July 13, 2012 02:47 pm at 2:47 pm |
1 2 3