Mitt Romney has once again proved to be out of touch with the American people, defining "middle-income" as making between $200,000 and $250,00 a year or less.
Mitt Romney has tried to stay away from media outlets outside conservative safe havens like Fox News and it showed why during an appearance on ABC's "Good Morning America." When host George Stephanopoulos asked Romney about his plan for the middle class, Romney's response was underwhelming to say the least.
Romney: 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"
Stephanopoulos: Is $100,000 middle-income?
Romney: No, middle-income is $200,000 to $250,000 and less.
If you analyze Romney's comments it's easy to see why the American people can't go all in for Mitt. Romney claims his economic plan won't raise taxes on the middle class, but according to a report by the Tax Policy Center, taxes would have to be increased on low and middle-income families to pay for massive tax cuts for the wealthy.
"Because taxpayers above $200,000 as a group have received a net tax cut, revenue neutrality requires that taxpayers below $200,000—about 95 percent of the population—experience a tax increase."
After the Census Bureau reported this week that the median household income was close to $50,000 a year, a household with four times the income shouldn't be considered in the same category. While President Obama has asked that taxes be slightly raised on incomes over $250,000 a year, Mitt Romney plans to turn the progressive tax system into a regressive one.
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