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The time is now 11:50 pm
You last visited
May 10, 2024, 6:04 pm
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Eastern Time (GMT-5:00)
Remember This Come November!!
Published:
This is just one example why this country has become screwed up!!!!! When rdgrnr writes anything about Democrats, take it as gospel.
Our Social Security
Franklin Roosevelt, a Democrat, introduced the Social Security (FICA)
Program. He promised:
1.) That participation in the Program would be Completely voluntary,
No longer Voluntary
2.) That the participants would only have to pay 1% of the first $1,400 of
their annual Incomes into the Program,
Now 7.65% on the first $90,000
3.) That the money the participants elected to put into the Program would
be deductible from their income for tax purposes each year,
No longer tax deductible
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,
Under Johnson the money was moved to The General Fund and Spent
5.) That theannuity payments to the retirees would never be taxed as
income.
Under Clinton & Gore Up to 85% of your Social Security can be Taxed
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: WhichPolitical 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
------------ --------- --------- --------- --------- --------- ---------
-
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, 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 violating 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!
If enough people receive this, maybe a seed of awareness will be planted
and maybe changes will evolve.
But it's worth a try. How many people can YOU send this to?
Actions speak louder than bumper stickers
Comments
The Democrats also promised that your Social Security Number would never be used to identify you.
Lying comes to Democrats as naturally as breathing.
Self-employed individuals such as a myself are responsible for 15.3%(12.4% for S/S 2.9% for medicare) plus an additional .9%(for Obamacare) on any AGI over 250k. There is no cap on medicare payments but for S/S it was capped at $113,700 for 2013. Granted, we do get to write off half of these taxes as self-employment expense but it barely makes a dent on our tax obligations.
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