Tell Mitt Romney to Come Clean About His Financial History

Target: The Romney Campaign

Goal: To get Mitt Romney to publicly release all requested tax records from his time at Bain Capital.

Back in 2001, the U.S. Securities and Exchange Commission (S.E.C.) released a series of documents that showed Mitt Romney as the sole stockholder, Chairman of the Board, C.E.O., and President of Bain Capital.  Romney, however, continually insists that he left the company in 1999, before it began a mass outsourcing of jobs to Mexico and China that left thousands of Americans unemployed. While he has released tax records from 2010 and is planning to release records from 2011, the Republican presidential candidate has refused to release any earlier records, stating that the most recent documents are all that are needed to understand his financial situation.

Romney states that “there is a difference between being a shareholder, and owner if you will, and being a person who is running an entity.”  While it is true that Romney is listed as a shareholder, he is also listed as the C.E.O. and President until as late as 2002.  Financial disclosure forms filed in Massachusetts before he became governor show Romney making upwards of $100,000 as an “executive,” separate from his investment earnings in the company. It is more difficult to believe that the acting president and C.E.O. of a major company has no role in the operations of the business, especially in regards to such major financial decisions as outsourcing workers and filing for bankruptcy.

By refusing to release tax records from this controversial time period, Mitt Romney is leading the public to believe that he either filed false documents or is, in fact, lying about his history at Bain Capital. Tell the Republican presidential candidate to be honest with the American people by releasing all controversial tax documents and proving that he did not have a hand in the unemployment of thousands of American workers.


Dear Mitt Romney,

With all of the recent controversy around your role as President and C.E.O. of Bain Capital, it would appear that you were actively involved in the company until as late as 2002, meaning that you did have some influence over the unemployment of thousands of American workers. Because of your refusal to release important tax documents, Democrats and Republicans alike are left to assume the worst.

Electing the president of the United States is no small matter. Unless voters have an honest and full showing of who each candidate is, there is no way for them to know who will be the best leader for the country. Because of the continued secrecy in your campaign, especially regarding your financial assets, American voters are being dangerously misled.  Don’t hide from your constituents, Mr. Romney. Release all requested tax documents from your time at Bain Capital, including those from 1999 to 2002 when you claim that you no longer had a role in the company.


[Your Name Here]

Photo credit: Tim Somero via Flickr

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