Thanks to SNOPES for this valuable information!
Franklin Roosevelt, a Democrat, introduced the Social Security (FICA)
Program.
He promised:
1.) That participation in the Program would be completely voluntary,
(a lie)
2.) That the participants would only have to pay 1% of the first $1,400 of their annual incomes into the Program,
(a lie)
3.) That the money the participants elected to put into the Program
would be deductible from their income for tax purposes each year,
(another lie)
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,
(another HUGE lie) 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, so many uninformed
citizens believe it!
Perhaps we are asking the wrong questions during every election year!