GEORGE STEPHANOPOULOS: Is $100,000 middle income?
MITT ROMNEY: No, middle income is $200,000 to $250,000 and less. So number one, dont reduce or excuse me, dont raise taxes on middle-income people, lower them. Number two, dont reduce the share of taxes paid by the wealthiest. The top 5% will still pay the same share of taxes they pay today. Thats principle one, principle two. Principle three is create incentives for growth, make it easier for businesses to start and to add jobs. And finally, simplify the code, make it easier for people to pay their taxes than the way they have to now.
Full Transcript: George Stephanopoulos and Mitt Romney - ABC News
At the point where people are the very top of the income distribution are considered "middle class", either you're way out of touch or the word "middle" has been stretched so far as to be meaningless.