Republican presidential candidate and former Florida Gov. Jeb Bush answers questions from employees of Nephron Pharmaceutical Company on June 29, 2015 in West Columbia, South Carolina.Sean Rayford/Getty Images
Former Florida Gov. Jeb Bush will release 33 years of personal income tax returns, his campaign confirmed Tuesday.
The afternoon release comes on the final day of the fundraising quarter in which Bush is expected to have hauled in record sums of cash for any presidential candidate at this stage of the campaign. News of the tax return release was first reported by Fox News.
The 33-year release is a new record in American politics, highlighting Bush’s stated commitment to transparency, topping the record set in 1996 by then-Sen. Bob Dole, who released 30 years of returns, and George Romney, who released 12 years’ worth in 1968. In 2012, former Massachusetts Gov. Mitt Romney only released two years of returns, totaling hundreds of documents detailing complicated financial positions lingering from his time as a private equity executive. Sen. John McCain also released two years of returns in 2008.
Hillary Clinton released eight years of returns in 2008, but has yet to release her latest financial figures beyond the mandated filing of her assets with the Office of Government Ethics. Bush’s move adds pressure to Clinton, who is under fire, along with former President Bill Clinton, as being out-of-touch with average Americans for making tens of millions off speeches and books.
The release Tuesday will provide the first window into Bush’s finances in more than a decade. Bush made millions in Florida real estate and other ventures in the 1980s and early 1990s, before becoming governor in 1999. After leaving office eight years later, Bush joined several corporate boards as well as the failed investment bank Lehman Brothers and later Barclay’s. In recent years, Bush launched at least three private equity funds, including the $61 million BH Global Aviation fund created in 2014. Bush severed his official ties to all his business ventures as he prepared to run for president early this year.
See Jeb Bush's Life in Photos
George W. Bush and Jeb Bush, Jan. 1, 1955.Sygma/CorbisFrom left to right: Doro, Marvin, Neil, and Jeb Bush, fall 1963.George Bush Presidential LibraryFrom left to right: Doro, George, Jeb, Marvin, George W., Neil, and Barbara Bush, 1966.George Bush Presidential LibraryJeb Bush (center) was the varsity tennis team captain during his senior year at Phillips Academy in Andover, Mass., 1971. Seth Poppel/Yearbook LibraryGeorge Bush and his four sons, Neil, Jeb, George W. and Marvin in 1970. Bob E. Daemmrich—Sygma/CorbisJeb and Columba Bush on their wedding day, Feb. 23, 1974.George Bush Presidential LibraryJeb Bush loudly applauds his father, Republican presidential hopeful George Bush, at a campaign rally in Concord, N.H. on Feb. 28, 1980.Frank Lorenzo—Bettmann/CorbisVice President George Bush holds a fish with his sons George W. and Jeb during a family vacation in Kennebunkport, Maine in Aug. 1983.Cynthia Johnson—Getty ImagesFrom left to right (without children): Neil and Sharon Bush, George W. Bush and wife Laura, Barbara and George Bush, Margaret and Marvin, Bobby Koch and Dorothy, Jeb and Columba, are seen in this Bush family photo taken in Kennebunkport, Maine on Aug. 24, 1986.Dave Valdez—White House/Sygma/CorbisJeb Bush plays cards with his son while riding in a recreational vehicle, Nov. 8, 1993.Christopher Little—CorbisJeb Bush is interviewed at a Miami Radio Station, WIOD, Mar. 1980. He went on to become Governor of Florida in 1999.Tim Chapman—Getty ImagesGeorge W. Bush and Jeb Bush at the Republican Governors' Convention in New Orleans, 1998.
Nina Berman—SIPATexas governor George W. Bush celebrates good news with his brother, Florida governor Jeb Bush, while watching the presidential election returns, prior to being elected as President of the United States, inside the Governor's Mansion in Austin, Nov. 7, 2000. Brooks Kraft—Sygma/CorbisRepublican governor of Florida, Jeb Bush, studies his laptop watching vote returns for his reelection his wife Columba Bush and his parents, former President George Bush and first lady Barbara Bush in Miami on Nov. 5, 2002.Joe Burbank—Orlando Sentinel/MCT/Getty ImagesRepublican nominee for President, Mitt Romney, campaigns around Florida with Governor Jeb Bush, left, Senator Marco Rubio, right, and Congressman Connie Mack, left back of head, in Coral Gables, Fla. on Oct., 31, 2012. Melina Mara—The Washington Post/Getty ImagesJeb Bush speaks at the Conservative Political Action Conference (CPAC) in National Harbor, Md. on Feb. 27, 2015.Mark Peterson—Redux for TIME
