2012

This was Mitt Romney's explanation. Verbatim.

President Obama kicked off a two-day "Betting On America" bus tour. He talked to voters in their communities about his commitment to investing in American workers and creating jobs here at home. He's also discussing the choice in this election -- between his vision for growing our economy from the middle out and Mitt Romney's vision for an economy built from the top down.

Tax Havens. Offshore accounts. Carried Interest. Mitt Romney has used every trick in the book. Romney admits that over the last two years he's paid less than 15% in taxes on $43 million in income. Makes you wonder if some years he paid any taxes at all.

We don't know because Romney has released just one full year of his tax returns. And won't release anything before 2010.

Mitt Romney's message was clear: "Let Detroit go bankrupt." There's little question he made a fortune from businesses he helped destroy. Romney pocketed huge fees shortly before companies collapsed. Even when the businesses failed, Romney came out ahead. Are those the values we want in an American president? (Priorities USA Action is responsible for the content of this advertising.)

Mitt Romney's not the solution. He's the problem.

Mitt Romney accuses President Obama of not talking about the issues, but he has run a a campaign of carpet bombing and tearing down his opponents.

The more everyone finds out about Mitt Romney's finances, the more questions they have. Perhaps that's why he's hiding as much as he thinks he can get away with. Yesterday, The Boston Globe reported that Romney was still running Bain Capital two years after he claims he left the firm, directly contradicting his campaign's denial that he was involved in deals that led to layoffs, bankruptcies, and American jobs getting shipped overseas. Either Romney filed false SEC statements or he's making false statements to the American people now.

Mitt Romney doesn't deny he invested in companies that outsourced jobs to Mexico and China. Doesn't deny that he made a fortune when it happened. Romney only says there's "no evidence" that he was in charge at that point. But newly disclosed documents show Romney was: sole stockholder, CEO, and Chairman, when jobs were shipped overseas. Here's the evidence, Mr. Romney. Your turn to explain.

Vice President Joe Biden's Remarks at the 2012 National Council of La Raza Annual Conference in Nevada.

• Are you in?

Mitt Romney is defying calls to release more than one year's worth of tax returns. The Romney campaign response? "Just take our word for it." So why is Mitt Romney hiding the rest of his tax returns? How long can Romney keep information on his investments in overseas tax havens secret? And why did he do it in the first place? Time will tell.