Regardless of one's party affiliation or political believes, the subject of Social Security seems to affect all of us and the Democrats have been successful in creating an image that presents them as the guardians of this program and the Republicans as the "bad guys".
Their Hollywood techniques notwithstanding, the Democrats are betting on your ignorance of history. But facts are facts and they don't support the Democrats.
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 for
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 nothing else
5) That the annuity payments to the retirees would never be taxed as income.
Since many of the retirees who 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", lets try this quick quiz:
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)?
A: The Democratic Party.
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Q: Which Political Party started taxing Social Security annuities?
A: The Democratic Party, with Al Gore casting the "tie-breaking" deciding vote while he was Vice President
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Q: Which Political Party decided to start giving annuity payments to immigrants?
A: That's right! Jimmy Carter and the Democratic Party.
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And after violating the original contract (FICA), the Democrats have the hutzpah to turn around and tell us that the Republicans want to take your Social Security away! The worst part about
it is that uninformed citizens believe their stories! What do you think Barack Obama will do to your finances if he gets elected?
The best way to combat their rhetoric is to arm yourself with facts and never take for granted the images that the Democrats and their Hollywood friends doctor for you.
Their Hollywood techniques notwithstanding, the Democrats are betting on your ignorance of history. But facts are facts and they don't support the Democrats.
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 for
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 nothing else
5) That the annuity payments to the retirees would never be taxed as income.
Since many of the retirees who 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", lets try this quick quiz:
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)?
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 while he was Vice President
-------------------------------------------------------------------
Q: Which Political Party decided to start giving annuity payments to immigrants?
A: That's right! Jimmy Carter and the Democratic Party.
-----------------------------------------------------------------------
And after violating the original contract (FICA), the Democrats have the hutzpah to turn around and tell us that the Republicans want to take your Social Security away! The worst part about
it is that uninformed citizens believe their stories! What do you think Barack Obama will do to your finances if he gets elected?
The best way to combat their rhetoric is to arm yourself with facts and never take for granted the images that the Democrats and their Hollywood friends doctor for you.
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