Detailed text transcripts for TV channel - MSNBC - 20130222:11:04:00
Lowering their forecasts, concerned over the economic impact of the payroll tax. "the wall street journal" reports companies ranging from walmart to kraft foods to burger king are changing their strategies for an anticipated downturn in sales. according to citigroup, the 2% tax increase will take out approximately $1,300 of a household income of $65,000. in total, it's expected to take $110 billion away from consumers. walmart is responding by stocking shelves with smaller packages of staple products from diapers to toilet paper. burger king is dropping prices on the whopper jr. and shifting a...
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