"A friend forwarded this - it is appropriate:
Social Security
Your Social Security
Just 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 kids. They need a little history lesson on what's what and it doesn't matter whether you are Democrat or Republican. Facts are Facts!!!
Our Social Security
Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program. He promised:
1.) That participation in the Program would be
Completely voluntary,
No longer Voluntary
2.) That the participants would only have to pay
1% of the first $1,400 of their annual
Incomes into the Program,
Now 7.65%
3.) That the money the participants elected to put into the Program would be deductible from their income for tax purposes each year,
No longer tax deductible
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, Under Johnson the money was moved to
The General Fund and Spent
5.) 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 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:
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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.
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Q: Which Political Party eliminated the income tax deduction for Social Security (FICA) withholding?
A: The Democratic Party.
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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
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Q: Which Political Party decided to start giving annuity 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, began to receive Social Security payments! The Democratic Party gave these payments to them, even though they never paid a dime into it!
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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 of awareness will be planted and maybe changes will evolve. Maybe not, some Democrats are awfully sure 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"
Saturday, April 10, 2010
Your Social Security
What do you think about this stuff below? P.S. these are not my comments.
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2 comments:
Awesome! And now we are brewing up a hole new entitlement program for Congress to mess with.
If anyone is brave enough, go to YouTube and watch I.O.U.S.A. The guy who did his is the former Controller General for the United States and served under both Democratic and Republican Presidents. He resigned in disgust over what our leaders are doing to us, driving us toward bankruptcy. The Tea Party movement is not about being Republican or Democrat, black or white...it is about taking our country back to the principles of the original founders...for everyone. We have a SERIOUS leadership deficit in Washington and we are all going to have to come together to tell them that enough is enough and STOP SPENDING. The current administration is like a kid in a candy store right now and it is our kids and grandkids that are going to have to pay.
I disagree with Robinspal3 regarding our current administration. Yes, they are spending money to get us out of the mess that Dubya created. And what a mess he left us in.
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