Detailed text transcripts for TV channel - FOXNEWS - 20111223:13:07:00
About how secretary of state trust fund is going broke, the payroll tax funds the trust fund, so we have this cut during the emergency to continue the cuts now really is very, very difficult to justify, i believe. and i have -- may i? >> juliet: very karl rovish. >> so you pay payroll tax on the first $800,000. 6.2%, you would be paying $6,696. with the 4.2%, reduced cut, you pay $4,536. it's a savings of 2160 bucks. that's the most, that's the highest paying and the most you could possibly save. but to me, whether or not this is okay for christmas time, that's one thing. but what really irks ...
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