No wonder he’s so cosmically out of touch. According to the U.S. census bureau, median household income for Americans in 2011 was $50,054, a 1.5 percent decline from the previous year, which has now fallen for 4 years in a row. And that’s households. This recent statement from Romney, then, should be read with his bizarre definition in mind:
I said that there are five different studies that point out that we can get to a balanced budget without raising taxes on middle income people. Let me tell you, George, the fundamentals of my tax policy are these. Number one, reduce tax burdens on middle-income people. 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.
