Join Date: Oct 2006
Location: Littleton, Colorado
Thanked 29 Times in 28 Posts
Mentioned: 1 Post(s)
Quoted: 21 Post(s)
Feedback Score: 4 reviews
A history lesson on Social Security
An old Social Security card with the "NOT FOR IDENTIFICATION" message.
Our Social Security card.
Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program.
1.) That participation in the Program would be Completely voluntary,
No longer Voluntary
2.) That the participants would only have to pay 1% of the first $1,400 of their
annual Incomes into the Program,
Now 7.65% on the first $90,000
3.) That the money the participants elected to put into the Program would be
deductible from their income for tax purposes each year,
No longer tax deductible
4.) That the money the participants put into the independent 'Trust Fund' rather
than into the general operating fund, and therefore, would only be used to fund
the Social Security Retirement Program, and no other Gov ernment program, and,
Under Johnson the money was moved to The General Fund and Spent
5.) That the annuity payments to the retirees would never be taxed as income.
Under Clinton & Gore Up to 85% of your Social Security can be Taxed
Since many of us have paid into FICA for years and are now receiving a Social
Security check every month -- and then finding that we are getting taxed on 85% of
the money we paid to the Federal government to 'put away' -- you may be interested
in the following:
Q: Which Political Party took Social Security from the independent 'Trust Fund' and put it into the
general fund so that Congress could spend it?
A: It was Lyndon Johnson and the democratically controlled House and Senate.
Q: Which Political Party eliminated the income tax deduction for Social Security (FICA) withholding?
A: The Democratic Party.
Q: Which Political Party started taxing Social Security annuities?
A: The Democratic Party, with Al Gore casting the 'tie-breaking' deciding vote as President of the
Senate, while he was Vice President of the US
AND MY FAVORITE:
Q: Which Political Party decided to start giving annuity payments to immigrants? That's right!
A: Jimmy Carter and the Democratic Party. Immigrants moved into this country,and at age 65,
began to receive Social Security payments! The Democratic Party gave these payments to them,
even though they never paid a dime into it!
Then, after violating the original contract (FICA), the Democrats turn around and tell you that
the Republicans want to take your Social Security away!
And the worst part about it is uninformed citizens believe it! If enough people receive this, maybe a seed of
awareness will be planted and maybe changes will evolve. Maybe not, some Democrats are awfully
sure of what isn't so.
But it's worth a try. How many people can YOU send this to?
Actions speak louder than bumper stickers