History Lesson on Your Social Security CardJust 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 family and friends. They need a little history lesson on what's what, and it doesn't matterwhether you are Democrat or Republican. Facts are Facts.An old Social Security card with the "NOT FOR IDENTIFICATION" message.Our Social SecurityFranklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program. He promised:1) That participation in the Program would beCompletely voluntary,No longer Voluntary2) That the participants would only have to pay1% of the first $1,400 of their annualincomes into the program,Now 7.65%on the first $90,0003) That the money the participants elected to putinto the program would be deductible fromtheir income for tax purposes each year,No longer tax deductible4) 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,Under Johnson the money was moved toThe General Fund and Spent5) 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 arenow 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 thegeneral fund so that Congress could spend it?A: It was Lyndon Johnson and the Democrat-controlled House and Senate.------------ --------- --------- --------- --------- --------- --------- --Q: Which political party eliminated the income taxdeduction for Social Security (FICA) withholding?A: The Democrat Party------------ --------- --------- --------- --------- --------- ---------Q: Which political party started taxing SocialSecurity annuities?A: The Democrat Party, with global-warming 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 startgiving annuity payments to immigrants?AND MY FAVORITE:A: That's right!Jimmy Carter and the Democrat Party.Immigrants moved into this country, and at age 65,began to receive Social Security payments! TheDemocrat Party gave these payments to them,even 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 that uninformed citizens believe it! If enough people receive this, maybe a seed of awareness will be planted in our "low information" populace and maybe changes willevolve.It's worth a try. How many people can YOU send this to?Actions speak louder than bumper stickers.
Tuesday, February 25, 2014
Biggest Lies About Social Security
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