Your Social Security
Just in case some of you young whippersnappers (& some older ones) didn't know this.
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 of Republican. Facts are facts!!!
Our Social Security
Franklin Roosevelt, a Democrat, introduced the SocialSecurity (FICA) Program. He promised:
1.) That participation in the Program would becompletely voluntary.
2.) That the participants would only have to pay1% of the first $1,400 of their annualincomes into the Program,
3.) That the money the participants elected to putinto the Program would be deductible fromtheir income for tax purposes each year,
4.) That the money the participants put into theIndependent 'Trust Fund' rather than into theGeneral Operating Fund, and therefore, wouldonly be used to fund the Social SecurityRetirement Program, and no othergovernment program, and,
5.) That the annuity payments to the retireeswould never be taxed as income.
Since many of us have paid into FICA for years and arenow receiving a Social Security check every month --and then finding that we are getting taxed on 85% ofthe money we paid to the federal government to 'putaway', you may be interested in the following:
-------------------------------------------------------------
Q: Which political party took Social Security from theIndependent 'Trust Fund' and put it in to theGeneral 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 taxdeduction for Social Security (FICA) withholding?
A: The Democratic Party.
-----------------------------------------------------------------------
Q: Which political party started taxing SocialSecurity annuities?
A: The Democratic Party, with Al Gore casting the'tie-breaking' deciding vote as President of theSenate, while he was Vice President of the U.S.
-------------------------------------------------------------------
Q: Which political party decided to start givingannuity 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,they began to receive Social Security payments! TheDemocratic Party gave these payments to themeven 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 ofawareness will be planted and maybe changes willevolve. Maybe not, some Democrats are awfullysure 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!!!
'A government big enough to give you everything you want,is strong enough to take everything you have.'----Thomas Jefferson----
Just in case some of you young whippersnappers (& some older ones) didn't know this.
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 of Republican. Facts are facts!!!
Our Social Security
Franklin Roosevelt, a Democrat, introduced the SocialSecurity (FICA) Program. He promised:
1.) That participation in the Program would becompletely voluntary.
2.) That the participants would only have to pay1% of the first $1,400 of their annualincomes into the Program,
3.) That the money the participants elected to putinto the Program would be deductible fromtheir income for tax purposes each year,
4.) That the money the participants put into theIndependent 'Trust Fund' rather than into theGeneral Operating Fund, and therefore, wouldonly be used to fund the Social SecurityRetirement Program, and no othergovernment program, and,
5.) That the annuity payments to the retireeswould never be taxed as income.
Since many of us have paid into FICA for years and arenow receiving a Social Security check every month --and then finding that we are getting taxed on 85% ofthe money we paid to the federal government to 'putaway', you may be interested in the following:
-------------------------------------------------------------
Q: Which political party took Social Security from theIndependent 'Trust Fund' and put it in to theGeneral 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 taxdeduction for Social Security (FICA) withholding?
A: The Democratic Party.
-----------------------------------------------------------------------
Q: Which political party started taxing SocialSecurity annuities?
A: The Democratic Party, with Al Gore casting the'tie-breaking' deciding vote as President of theSenate, while he was Vice President of the U.S.
-------------------------------------------------------------------
Q: Which political party decided to start givingannuity 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,they began to receive Social Security payments! TheDemocratic Party gave these payments to themeven 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 ofawareness will be planted and maybe changes willevolve. Maybe not, some Democrats are awfullysure 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!!!
'A government big enough to give you everything you want,is strong enough to take everything you have.'----Thomas Jefferson----
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