Raimondo Releases Financial Information

Raimondo Releases Financial Information

General Treasurer candidate Gina Raimondo, a Democrat, has filed a financial disclosure statement with the Rhode Island Ethics Commission, her campaign announced yesterday.

The statement provides more information than what is required of any candidate seeking office, according to the campaign. The statement lists all of her financial holdings, sources of income, her total family income, and all federal and state taxes she paid in 2009.

Raimondo says she is filing the financial disclosure statement instead of releasing her income tax returns. She said making the returns public would violate the privacy of her partners in her venture capital firm, Point Judith Capital Partners.

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“I gave my word to my partners that I would not jeopardize their privacy by releasing my returns, which are quite similar to their own,” Raimondo said. “I think most private citizens, like my partners, would not want to give up their privacy simply because I decided to run for office.”

She said she thought voters were not too concerned with her personal finances.

“I think voters are more concerned with their own finances than with mine. The real issue is, how do we get the state moving in the right direction, so that all voters can take care of their finances — such as getting back to work, paying down their debt and financing college,” she said.