Franklin Roosevelt, a Democrat, introduced the Social Security (FICA)Program. He promised: - That participation in the Program would be completely voluntary,
- That the participants would only have to pay 1% of the first$1,400 of their annual incomes into the Program,
- That the money the participants elected to put into the Programwould be deductible from their income for tax purposes each year,
- That the money the participants put into the independent "TrustFund" rather than into the General operating fund, and therefore, wouldonly be used to fund the Social Security Retirement Program, and noother Government program, and,
- That the annuity payments to the retirees would never be taxed asincome.
Since many of us have paid into FICA for years and are now receiving aSocial Security check every month -- and then finding that we aregetting 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 the General fund so thatCongress could spend it?
A: It was Lyndon Johnson and the Democratically-controlled House andSenate.Q: Which Political Party eliminated the income tax deduction for SocialSecurity (FICA) withholding?
A: The Democratic Party. 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 ofthe U.S. Q: Which Political Party decided to start giving annuity payments toimmigrants?
A: That's right! Jimmy Carter and the Democratic Party. Immigrantsmoved into this country, and at age 65, began to receive SSI SocialSecurity payments! The Democratic Party gave these payments to them,even though they never paid a dime into it! Then, after doing all this lying and thieving and violation of theoriginal contract (FICA), the Democrats turn around and tell you thatthe Republicans want to take your Social Security away!And the worst part about it is, uninformed citizens believe it! Perhaps we are asking the wrong questions during this 2004 electionyear! |
