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-   -   What happen to your Social Security ?? (http://www.shreveport.com/forums/showthread.php?t=629)

Isaac-Saxxon 01-18-2007 08:41 AM

What happen to your Social Security ??
 
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 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.
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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.
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AND MY FAVORITE:

Q: Which Political Party decided to start giving annuity payments to
immigrants?

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!

----------------------------------------------------------------------

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!


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