Mitt Romney Defines Middle Class Income As $250K And Below
Must be nice to live in “Mitt world” where working class people ball out at no less than $200k annually…
Mitt Romney is promising to reduce taxes on middle-income Americans.
But how does he define “middle-income”? The Republican presidential nominee defined it as income of $200,000 to $250,000 a year.
Romney commented during an interview broadcast Friday on ABC’s “Good Morning America.”
The Census Bureau reported this week that the median household income — the midpoint for the nation — is just over $50,000.
The definition of “middle income” or the “middle class” is politically charged. Both presidential candidates are fighting to win over working-class voters.
President Barack Obama has defined “middle class” as income up to $250,000 a year.
Obama wants to extend Bush-era tax cuts for those making less than $250,000. Romney wants to extend the tax cuts for everyone.
Money Mitt just continues to make the middle class feel all warm and fuzzy inside.