Romney’s refusal to release more than 2 years worth of tax returns, combined with the revelation of his “retroactive retirement” makes me think that his tax returns from 1999 – 2002 reflect exactly what the Bain SEC filings from the same period say, which would make sense.
What would be more interesting is if there aren’t any amended returns, and what his 2003-2004 returns say. Because if he really retired retroactively, wouldn’t he have to return his salary or bonuses or whatever compensation he got from Bain? And wouldn’t he need to then amend his earlier returns?
In any case, responsibility is not something that can be retroactively abdicated. Whether or not Romney was actually in-house at Bain during the Olympic period, he was the Chairperson, CEO, and President of the company at that time. Responsibility for the decisions made by the company at that time was his, and his alone.
This is not the first time that Romney has tried to deny responsibility for something Bain did while he was on a “leave of absence”. During his campaign for Senator against Ted Kennedy, he tried the same thing. It didn’t work, because people know that the actions of a company are the responsibility of the CEO.
Given that this retroactive denial of responsibility for things he actually was responsible for is a pattern, I have to wonder how he will handle being President? I mean, it’s not like it’s a job devoid of responsibility.
And now, for your viewing pleasure, two of the best commentaries on this past week’s Romney news:
|The Daily Show with Jon Stewart||Mon – Thurs 11p / 10c|
|Democalypse 2012 – Bain Damage – Romney’s Blind Trust|