Your Social Security
Just in case some of you young whippersnappers (& some older ones)
didn't know this. It's easy to check out, if you don't believe it.
Be sure and show it to your kids. They need a little history lesson on
what's what and it doesn't matter whether you are Democrat or
Republican. Facts are Facts!!!
Our Social Security
Franklin Roosevelt, a Democrat, introduced the Social Security (FICA)
Program. He promised:
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%
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 Government 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:
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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.
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Q: Which Political Party eliminated the income tax deduction for Social
Security (FICA) withholding?
A: The Democratic Party.
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Q: Which Political Party started taxing Social Security annuities?
A: The Democratic Party, wit h Al Gore casting the 'tie-breaking'
deciding vote as President of the Senate, while he was Vice President of
the US
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Q: Which Political Party decided to start giving annuity payments to
immigrants?
AND MY FAVORITE:
A: That's right!
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!
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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.
AND CONGRESS GIVES THEMSELVES 100% RETIREMENT FOR ONLY SERVING ONE
TERM!!!
STOP THIS NOW!
A government big enough to give you everything you want, is strong
enough to take everything you have.
-Thomas Jefferson
1 comment:
HERE IS THE SNOPES REPORT ON THIS POST:
http://www.snopes.com/politics/socialsecurity/changes.asp
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