Detailed text transcripts for TV channel - FOXNEWS - 20130103:17:20:00
Missing from your paycheck. william la jeunesse live with more on that from los angeles. william? >> reporter: well, jon, everyone is going to get whacked, most of us in tomorrow's paycheck, and you're going to feel the pain in the line that says fica deductions. but one group is going to be more unhappy than others, the .7% club. that is how many people will pay 40% of all federal income taxes. so it's no longer the 1%, but the .7% of individuals making over 400k and couples over 450,000. the tax foundation's been crunching the numbers. out of 143 million tax returns, just 1.1 million or .7% ...
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