08/01/2012 08:08 am ET Updated Oct 01, 2012

Income Inequality: Are You Poor If You Have A Flat-Screen TV?

NEW YORK (CNNMoney) -- Can you really be poor if you own a flat-screen TV ... or two? Depends on whom you ask.

With income inequality at the center of the national political debate this year, it should be no surprise that conservatives and liberals are coming down on opposite sides of the tracks.

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