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. Source
Originally posted here:
The Side-eye: Money Mitt Defines Average American Income As $200K -$250K
