I saw it again just now: the commonplace that Senator McCain believes the middle class are those who earn $5 million a year.
This was drawn from the Saddleback Presidential Forum of mid-August. But reading through the transcript, you can see this is taken out of context.
Rick Warren: Ok, on taxes, define “rich.” Everybody talks about taxing the rich, but not the poor, the middle class. At what point - give me a number, give me a specific number - where do you move from middle class to rich?
Is it $100,000, is it $50,000, is it $200,000? How does anybody know if we don’t know what the standards are?
Senator McCain: Some of the richest people I’ve ever known in my life are the most unhappy. I think that rich should be defined by a home, a good job, an education and the ability to hand to our children a more prosperous and safer world than the one that we inherited.
I don’t want to take any money from the rich — I want everybody to get rich.
I don’t believe in class warfare or re-distribution of the wealth. But I can tell you, for example, there are small businessmen and women who are working 16 hours a day, seven days a week that some people would classify as - quote - “rich,” my friends, and want to raise their taxes and want to raise their payroll taxes.
Let’s have - keep taxes low. Let’s give every family in America a $7,000 tax credit for every child they have. Let’s give them a $5,000 refundable tax credit to go out and get the health insurance of their choice. Let’s not have the government take over the health care system in America.
So, I think if you are just talking about income, how about $5 million?
But seriously, I don’t think you can - I don’t think seriously that - the point is that I’m trying to make here, seriously — and I’m sure that comment will be distorted — but the point is that we want to keep people’s taxes low and increase revenues.