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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (120698)9/14/2012 11:29:43 AM
From: Road Walker  Read Replies (3) | Respond to of 149317
 
Sorry if posted... this guy is hugely, hugely out of touch.
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Romney: 'Middle-income' between $200K and $250KBy STEVE PEOPLES | Associated Press – 1 hr 2 mins ago

BOSTON (AP) — 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.