Points to Ponder
SOCIAL SECURITY:
Franklin Roosevelt, a Democrat, introduced the Social
Security (FICA)
Program. He promised:
1.) That participation in the Program would be
completely voluntary,
2.) That the participants would only have to pay 1% of
the first $1,400 of their annual incomes into the
Program,
3.) That the money the participants elected to put
into the Program would be deductible from their income
for tax purposes each year,
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,
5.) That the annuity payments to the retirees would
never be taxed as income.
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 U.S.
Q: Which Political Party decided to start giving
annuity payments to immigrants?
A: That's right! Jimmy Carter and the Democratic
Party. Immigrants moved into this country, and at age
65, began to receive SSI Social Security payments!
The Democratic Party gave these payments to them,
even though they never paid a dime into it!
Then, after doing all this lying and thieving and
violation of 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!
Perhaps we are asking the wrong questions during this
2004 election year!
Franklin Roosevelt, a Democrat, introduced the Social
Security (FICA)
Program. He promised:
1.) That participation in the Program would be
completely voluntary,
2.) That the participants would only have to pay 1% of
the first $1,400 of their annual incomes into the
Program,
3.) That the money the participants elected to put
into the Program would be deductible from their income
for tax purposes each year,
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,
5.) That the annuity payments to the retirees would
never be taxed as income.
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 U.S.
Q: Which Political Party decided to start giving
annuity payments to immigrants?
A: That's right! Jimmy Carter and the Democratic
Party. Immigrants moved into this country, and at age
65, began to receive SSI Social Security payments!
The Democratic Party gave these payments to them,
even though they never paid a dime into it!
Then, after doing all this lying and thieving and
violation of 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!
Perhaps we are asking the wrong questions during this
2004 election year!