History Lesson on Your Social Security Card and accusations the Democrats make that the Republicans want to take your Social Security away!!?? And the worst part about it is -- uninformed citizens believe it! Just in case some of the young and old uninformed (its easy to check out if you dont believe); People y need a little history lesson on whats what and it doesnt matter whether you are Democrat or Republican. Facts are Facts. Social Security Cards up until 1980s expressly stated the number and card were not to be used for identification purposes. Since nearly everyone in the United States now has a number, it became convenient to use it anyway and the message, NOT FOR IDENTIFICATION, was removed. Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program- 1934-35. 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% on the first $106,000 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 ---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: 6. Which Political Party took Social Security from the independent Trust Fund and put it into the general fund so that Congress could spend it? -- Answer: The Democratic Party controlled House and Senate under Lyndon Johnson. 7. Which Political Party eliminated the income tax deduction for Social Security (FICA) withholding? Answer: Answer: The Democratic Party. 8. Q: Which Political Party started taxing Social Security annuities? Answer: The Democratic Party, with Al Gore casting the tie-breaking deciding vote as Senate President. 9. Q: Which Political Party decided to start giving annuity payments to immigrants? Answer: Thats right! The Democratic Party under Jimmy Carter who authorized Immigrants moved into this country, at age 65, to begin receiving Social Security payments without ever paying a dime into the system 10. So, 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! Be sure and show it to your family and friends. Facts are Facts and the truth shall set your free.
Posted on: Sun, 09 Mar 2014 17:15:36 +0000
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