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FBN’s Jeff Flock talks to people about the impact of the higher payroll tax on their paychecks.
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The today's the first payday for many Americans but thanks to the fiscal cliff compromise.
Many people will be seeing less than they thought they would our Jeff Flock is in Skokie Illinois with more Jeff.
-- or you'd be surprised at how many people have no idea this is even how.
Happening today you know it through surgeries -- your stop but people on the sidewalk talking to people did you know that your taxes went up to -- you have any idea.
Now.
See that's what I'm talking about or did you know did you know I had no idea into what do you guys do do you -- -- -- college student -- college to what you're taxes didn't go -- then how much you're you're a college student -- -- a college graduate but I generally -- -- announced -- OK so here's -- which you need to know and could probably get paid.
Different amounts each week just yet say -- OK so and that's part of the key -- a lot of people don't know because they get paid different amounts he -- each week so they don't know.
If it's coming out as a percentage put the numbers up so people know.
If you make 50000 dollars in the year.
You're hit this year is probably about a thousand bucks would you make that much -- isn't.
Apparently not been -- -- now but to take -- -- anyway.
On whatever you do -- so okay where you go back to college and get yourself a job that makes a lot of money so you have to worry about system.
Holiday master's degree you're getting a masters to yes.
-- you have worked at some point -- -- -- and it worked at a restaurant on the side site go shopping.
It does not seem to have chilled the shopping dot -- get out -- way let's go do that but I.
It is funny that at a so many people -- we talked to.
You know they got there there -- -- heads down their doing their jobs they don't know they heard the fiscal cliff compromise was reached.
They didn't think perhaps that there was anything to worry about but you saw the numbers it's not insignificant.
All right Jack thanks so much and a lot of people.
