This must be the Political Forum. I'm not one to speak my peace on the subject but after years of matching Social Security to my employee's I've got something to get off my chest. These are facts and I'm not promoting any party. To each his own, that's why we vote. This is just one on my pet peas about the Government.
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.
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Since many of us have paid into FICA for years -- Did you know 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 U.S.
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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 doing all this lying and thieving and violating of 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! That's my two cents of politics for the day. The day they start taxing inventory of fishing tackle, which is about the only thing I'm not taxed on, I'm leaving the country. What Tee's me off the most is the way all the money I send them is spent. Maybe I should run for President!!!!!!!!!!
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