If elected president, Mitt Romney said he would reduce tax burdens on middle-income earners.
You know, everyone making at least $200,000 per year.
The former Massachusetts governor told ABC News that he has a four-prong approach to reviving the American economy.
“Number 1, reduce tax burdens on middle-income people,” Romney told ABC. “So no one can say my plan is going to raise taxes on middle-income people, because principle number one is keep the burden down on middle-income taxpayers.”
Romney’s definition of middle income is $200,000 to $250,000 annually, ABC reported.
The interview aired today on Good Morning America.
Journalist George Stephanopoulos asked Romney, "Is $100,000 middle income?"
Romney replied: "No, middle income is $200,000 to $250,000 and less."
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Romney’s vision of middle income differs from the Census Bureau, which pinned it this week at just more than $50,000, The Associated Press reported.
Middleclass or middle-income tax cuts have long formed the basis of Republican and Democrat debate.
President Barack Obama is trying to extend tax cuts for those earning no more than $200,000 per year, while Romney wants to extend those cuts for all Americans.
Obama said that the wealthiest Americans should pay more taxes.
The first presidential debates are three weeks away.
Romney also told ABC News he’s preparing for those debates by practicing with Sen. Rob Portman.
To ready the GOP nominee, Portman lies, ABC reported.
“I think the challenge that I’ll have in the debate is that the president tends to, how shall I say it, to say things that aren’t true,” Romney told ABC.
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