Finance



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 contributed by the participants would be 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 Prog! ram, and no  other 
Government program, and, 
5.) That the annuity  payments to the retirees 
would never be taxed as  income.



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: 



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 . 

Q:  Which Political Party eliminated the income tax 
deduction for  Social Security (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 of the US.



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 that 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! 

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!

 

A  government big enough to give you everything you want, is strong enough to  take everything you have. 
  -Thomas  Jefferson