Friday, October 13, 2006

Voters deserve to know how Ned is being financed

(posted on October 13, 2006)

We renewed our call today for Ned to release his family’s tax returns for the past five years. Voters of Connecticut have a right to know where the $9 million that Ned is pouring into his campaign is actually coming from.

This weekend we will be filing our fundraising report with the Federal Elections Commission, which will document the source of every penny our campaign has received over the past two and a half months, and that is as it should be we believe in full disclosure and transparency.

Ned's campaign, on the other hand, will only be disclosing the source of a small percentage of their campaign funding and hiding all the rest. That is because the overwhelming majority of Ned’s campaign funds are coming from the Lamont family’s assets, and Ned has repeatedly refused to let the public see his family’s tax returns, which would show where his campaign funds are actually coming from.

Joe has released his full tax returns from the past five years, but Ned has only released his individual tax return from last year, and that was only because he was pressured into doing so by the news media.

Ned has continued to hide his prior year’s tax returns, which he always filed jointly with his wife until last year. Ned also has not released his wife’s separate tax return for 2005. And he has yet to explain how he can justifying keeping this information secret.

This double standard is indefensible. Just as the public has a right to know how our campaign is being funded, they have the same right to know how Ned’s is being funded too. And the only way to determine that is for Ned to make his family’s tax returns public, so the public can see the source of his and his wife’s income and assets.

Ned and his campaign are planning to comb through our FEC filing and use it to continue their unrelenting negative attacks on Joe. Why should our campaign be denied the same opportunity to ask tough questions about where Ned is getting his campaign money from?

Is Ned’s $9 million coming from investments in the big corporations that he routinely attacks? Is it coming from investments in companies that ship jobs overseas, which Ned also routinely attacks? Is it coming from shady tax shelters that are unavailable to Connecticut’s working families and adding to the federal deficit, which Ned routinely attacks?

These are legitimate questions and they deserve legitimate answers. And that is why we are again calling on Ned to release his family’s tax returns for the last five years.

If Ned really believes in transparency and accountability, and he has nothing to hide, then he will adhere to the same standard followed by Joe and most every other congressional candidate and let the public know exactly how his campaign is being funded.

Posted by: Eric Blankenbaker on 10/13/2006 at 2:06 PM


Blogger CT Bob said...

"We renewed our call today for Ned to release his family’s tax returns for the past five years."

I guess invasion of privacy is easy for someone who's supported Bush's endless attacks on the Constitution.


I'm not surprised that you're raising this tired non-issue at this point Joe...we all know when your FEC filing becomes public after this weekend, you're going to get buried by the storm of negative publicity you'll get when everyone sees all the Republicans and Lobbyists who have bought and paid for you!

You're not fooling anyone, Joe.

(This Free-Speech moment was brought to you by Connecticut Bob)

2:25 PM  
Anonymous Anonymous said...

Indeed. More like "we renewed our panic phase again today and went back to that tax thing, y'know? That thing Joe tried to blather on about in the Primary Debate, while Ned tried to focus on the issues a Senator would face if elected?". Get the feeling somebody's already trying to shift the story from WHERE Lieberman's CAMPAIGN FUNDS have been coming from? We'll know soon enough...

10:57 PM  
Anonymous Anonymous said...

So, for asking the same question, where does Joe LIE-man's campaign funds come from now that he is NO longer the Democrat nominee?

What a whiner ....and how dishonest of Joe to harp on this non-issue ...... yes, Lamont used his own money. What about you, Joe LIE-man?

3:44 AM  
Anonymous Anonymous said...

Ned Lamont started a business, worked hard, and earned his financial success. We know where his money came from.

What puzzles me is how Joe became a millionaire. Where does all Joe's money come from?

I haven't seen Joe's tax returns.

2:02 AM  
Anonymous Anonymous said...

I say, if Joe doesn't think he's good enough to spend his own money on, why should anyone else give him any????

2:11 AM  

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