During Dem debate, ABC's Gibson suggested middle-class families would be hurt by proposed rollback of Bush tax cuts
January 06, 2008 5:20 pm ET
SUMMARY: During the ABC News-Facebook debate, moderator Charlie Gibson suggested that the Democratic presidential candidates' proposals to roll back or let some of President Bush's tax cuts expire would affect middle-class families, adding, "If you take a family of two professors here at St. Anselm, they're going to be in the $200,000 category that you're talking about lifting the taxes on." According to the U.S. Census, however, the median income for a U.S. household is $48,451, and the mean household income is $65,527; and only 3.4 percent of U.S. households have an income of $200,000 or more.






