Just in case some of you young whippersnappers (& some older ones) didn't know this, It's easy to check this out if you don't believe it. Be sure to 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!
Social Security Cards, up until the 1980s, expressly stated that 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 was removed.
When 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% on the first $90,000.
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 would therefore 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 for other purposes.
5.) That the annuity payments to the retirees would never be taxed as income.
Under Clinton & Gore, up to 85% of your Social Security benefits can be taxed.
Since many of us have paid into FICA for years and are now receiving a Social Security benefit payment each month, only to find that we are being taxed on 85% of the money we originally paid to the Federal Government to be '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 democrat controlled House and Senate.
Q: Which Political Party eliminated the income tax deduction for Social Security (FICA) withholding?
A: The Democrat Party.
Q: Which Political Party started taxing Social Security annuities?
A: The Democrat 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?
A: Jimmy Carter and the Democrat party. Immigrants moved into this country, and at age 65 they began to receive Social Security payments! The Democrat Party gave these payments to them, even though they never paid a dime into it!
Then, after violating the original (FICA) contract, the Democrats turned around and told you that the Republicans want to take your Social Security away! Bovine Scattar!!!
The worst part about it is that uninformed citizens believe it, and believe that the Democats are "for the people." Bovine Scattar!!!
AND CONGRESS GIVES THEMSELVES 100% RETIREMENT FOR ONLY SERVING ONE TERM.
Bovine Scattar!!!
On 11/2/2010, we must end this madness. Donate forget to vote these bums out of office.