Romney promises 'middle income' tax cut, for people making $200,000-$250,000
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| BOSTON
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 and less" a year.
Romney commented during an interview broadcast Friday on ABC's "Good Morning America."
George Stephanopoulos asked Romney: “Is $100,000 middle income?”
“No, middle income is $200,000 to $250,000 and less,” Romney replied.
Romney's campaign staff later clarified that he mean 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.
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.