Things You Should Know About Social Security But Probably Dont

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 in to 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?

AND MY FAVORITE:

A: That’s right!

Jimmy Carter and the Democratic Party.

Immigrants moved into this country, and at age 65,

they began to receive Social Security payments! The

Democratic Party gave these payments to them

even though they never paid a dime into it!

‘A government big enough to give you everything you want,

is strong enough to take everything you have.’

-Thomas Jefferson

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