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    Friday, April 19, 2024

    Romney says 'middle-income' $250k and below

    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.

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