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Red, Black & Blue

Romney says ‘middle-income’ $250k and below

by Steve Peoples, Associated Press | September 14, 2012 at 10:05 AM
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Republican presidential candidate, former Massachusetts Gov. Mitt Romney greets supporters during a campaign rally at Somers Furniture on May 29, 2012 in Las Vegas, Nevada. Mitt Romney is holding campaign event and attending a fundraiser hosted by Donald Trump in Las Vegas.  (Photo by Justin Sullivan/Getty Images)

Republican presidential candidate, former Massachusetts Gov. Mitt Romney greets supporters during a campaign rally at Somers Furniture on May 29, 2012 in Las Vegas, Nevada. Mitt Romney is holding campaign event and attending a fundraiser hosted by Donald Trump in Las Vegas. (Photo by Justin Sullivan/Getty Images)

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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.

Copyright 2012 The Associated Press.

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Filed in: Politics | Related Topics: Election 2012, Good Morning America, Middle Class, Mitt Romney, Money
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