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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. 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 U.S. 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 SSI 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 violation 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! Perhaps we are asking the wrong questions during this 2004 election year! |
#2
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![]() Some true, mostly false, very complex.. http://www.snopes.com/cgi-bin/news/u...c;f=3;t=000003 Q: Which party put a tax on Social Security? A: The Democratic party. FALSE Actually, it was Ronald Reagan, a Republican, who signed a bill taxing Social Security benefits. http://www.ssa.gov/history/briefhistory3.html "The 1983 Amendments In the early 1980s the Social Security program faced a serious short-term financing crisis. President Reagan appointed a blue-ribbon panel, known as the Greenspan Commission, to study the financing issues and make recommendations for legislative changes. The final bill, signed into law in 1983, made numerous changes in the Social Security and Medicare programs, including the taxation of Social Security benefits, the first coverage of Federal employees under Social Security and an increase in the retirement age in the next century." Q: Which party increased the tax on Social Security? A: The Democratic Party with Al Gore casting the deciding vote. TRUE Since the statement does not mention any specific bill that Al Gore cast the deciding vote, it led to an exhaustive search. As a Vice President, he could have exercised his constitutional powers to break a tie vote in the Senate. I did find as part of the Omnibus Budget Reconciliation Act of 1993, the VP did cast a vote in the Senate to break a tie. This Act was a huge bill that covered everything from agricultural commodities, licensing of radio spectrum, luxury automobile taxes, fuels, banking, medicare, etc., etc. The bill passed in the House by a vote of 218-216 and in the Senate by 51-50. http://thomas.loc.gov/cgi-bin/bdquery/z?d103:HR02264:|TOM:/bss/d103query.h tml| Q. Which party decided to give money to immigrants? A: That's right, immigrants moved into this country at 65 and got SSI Social Security. The Democratic Party gave that to them although they never paid a dime into it. FALSE http://www.ssa.gov/history/pdf/ssi.pdf 1972 Public Law 92-603, enacted October 30 It was actually Bill Clinton that signed legislation barring immigrants from receiving SSI as part of The Personal Responsibility and Work Opportunity Reconciliation Act of 1996. This changed the following year with the signing of the Balanced Budget Act of 1997. http://www.ssa.gov/history/briefhistory3.html "SSI SNIPPED the rest , In article .net, Burr writes: Subject: (ot) Social Security From: Burr Date: Tue, 01 Jun 2004 03:02:18 GMT SOCIAL SECURITY: |
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