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Romney Defines Middle Income as $200,000 to $250,000 or Less, and Guess What? So Does Obama

by Yvette Carnell

Mitt Romney is under fire because he says he’s going to reduce taxes, but won’t offer a real plan. This has left researchers with no choice but to use Romney’s loose outlines and benchmarks to reach the conclusion that his plan would raise taxes on the middle class by as much as $2,000.

Romney steadfastly denies that this is true, and maybe he’s right. By that I mean, if you use Romney (and Obama’s) definition of middle class, as opposed to the traditional metrics, maybe he has a point.

On Friday, Romney defined middle class as those people earning $200,000 to $250,000 a year and less. Because that definition clumps in people who earn $15,000 with those who earn $100,000, it’s overly broad. But to include people who earn $250,000 per year as part of the middle class is also a high definition that Obama also subscribes to.

Read More At Kulture Kritic

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