Romney Sees 'Middle-Income' As $200K To $250K And Less

By: Associated Press
By: Associated Press

Stay up-to-date with KAKE News:

Friday, September 14, 2012

Mitt Romney and President Barack Obama are both promising tax relief for middle-income Americans. But what's the definition of "middle-income"?

In an interview broadcast today on ABC's "Good Morning America," Romney described it as income of $200,000 to $250,000 a year and less.

That puts him in agreement with Obama, who has defined "middle class" families as those with income of up to $250,000 a year.

Romney's campaign later clarified that he was referring to household income, not individual income.

The Census Bureau reported this week that the median household income -- the midpoint for the nation -- is just over $50,000.

Obama wants to extend Bush-era tax cuts for those making less than $250,000, while Romney wants to extend the tax cuts for everyone.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KAKE TV 1500 N. West Street Wichita, KS 67203-1323 (316) 943-4221
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 169786636 - kake.com/a?a=169786636
Gray Television, Inc.