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article imageMitt Romney defines median income as $200,000 to $250,000

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By Katerina Nikolas     Sep 16, 2012 in Politics
Americans may be surprised to hear that GOP Presidential nominee Mitt Romney has defined median income as between $200,000 to $250,000.
During an interview with ABC's George Stephanopoulos, shown in a Young Turks video, Romney said that he did not consider $100,000 as median income.
Figures cited by CNN from the U.S. Census Bureau shows median household income was $50,054 in 2011, down 1.5 percent from 2010. The CNN report revealed that over the last year the rich have got richer, the poor have got no poorer, but the middle classes have felt the pinch.
Of course Romney's own income places him far above both the popular definition of median income and even his own assessment of the median. According to Slate Romney declared an annual income of $21.6 million on his 2010 tax return.
According to Huffington Post Romney's campaign later clarified Romney was referencing household rather than individual income during the ABC interview.
article:332929:44::0
More about Mitt Romney, middle income, Middle class, George stephanopoulos
 
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