Comment #5

Jill34786 — Fri, 31 Jan 2014 21:48:39 GMT

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.

Comment #4

emilyg — Fri, 31 Jan 2014 17:10:58 GMT

Thanks.

Comment #3

sully16 — Fri, 31 Jan 2014 13:52:47 GMT

I'll never see the SS I've been paying into, There won't be enough people working to support it.

Comment #2

rdgrnr — Fri, 31 Jan 2014 13:16:04 GMT

I meant thanks CARBOB!

Comment #1

rdgrnr — Fri, 31 Jan 2014 12:41:14 GMT

The Democrats also promised that your Social Security Number would never be used to identify you.<br />Lying comes to Democrats as naturally as breathing.

Original Blog Entry: Remember This Come November!!

CARBOB — Fri, 31 Jan 2014 09:21:45 GMT

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

... [ More ]