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Facts About Social Security

President 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.

  5. That the annuity payments to the retirees would never be taxed as income.

Since many hard-working Americans have paid into FICA for years and are now receiving a Social Security check every month, they find that they are taxed on 85% of the money paid to the Federal government to "put away" for our future. With that in mind, you may be interested in the following facts about the Social Security program:

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 President 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 Vice President Al Gore casting the deciding vote as President of the Senate.

Q: Which Political Party decided to start giving annuity payments to immigrants?

A: The Democratic Party under the leadership of President Jimmy Carter! Immigrants moved into this country, and at age 65, began to receive Social Security payments! The Democratic Party gave these payments to these people, even though they never paid a dime into it!

Then, after doing all this lying and thieving and violating of the original contract (FICA), the Democrats turn around and tell you that the Republicans want to take your Social Security away!... The worst part about it is un-informed citizens believe it!

There you have it, the facts that Democrats do not want you to know. If enough people read this, maybe a seed of awareness will be planted and maybe changes will evolve.

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