|
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 Democratic 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 .
Q: Which Political Party decided to start giving annuity payments to
immigrants?
A: That's right! Jimmy Carter and the Democratic Party.
Immigrants that moved into this country, 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!
Now, after doing all this, the Democrats tell you that the Republicans want to take your Social Security away!
And the worst part about it is uninformed citizens believe it!
__________________
We are not primarily on earth to see through one another, but to see one another through
Some people are like slinkies: not really good for anything... but you can't help laughing when you push them down the stairs
|