| Topic: |
Politics > Politics-USA |
| User: |
"David" |
| Date: |
13 May 2004 05:40:46 PM |
| Object: |
What really happened to SOCIAL SECURITY |
What really happened to 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!
.
|
|
| User: "InsuranceBroker" |
|
| Title: Re: What really happened to SOCIAL SECURITY |
13 May 2004 07:07:47 PM |
|
|
Subject: What really happened to SOCIAL SECURITY
From: "David"
Date: 5/13/2004 6:40 PM Eastern Daylight Time
Message-id: <KICdnd66wvHyZD7dRVn-ig@comcast.com>
What really happened to 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!
Ok what have the republicans done to change any of the offensive things that
you have posted above? Hint nothing. Social secuirty tax was doubled by Ron
Reagan. At that time they claimed that they have fixed social security for 75
years. That was done by a committee headed by Alan Greenspan.
Doing Insurance business in the Garden State
.
|
|
|
|
|
Related Articles |
|
|
