Detailed text transcripts for TV channel - FOXNEWS - 20150727:21:21:00
>> when they're ten years away from retirement saying we were just kidding. you're going to have to work an extra ten years. part of the problem is the way we fund social security and medicare. it's all through payroll tax. i'm a passionate supporter of the fair tax because it helps create a levelized funding stream for those programs. the fewer number of people that are actually getting their paychecks through wages is dramatic. most people get their wealth in america by dividends and investment income. as a result, you have a shrinking pool of money going into pay for those programs. thousan...
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