Social Security facts -- Very interesting

'Your' Social Security :

Just in case some of you didn't know this, it's easy to check out if you don't believe it. It doesn't matter whether you are Democrat of Republican... Facts are Facts!!! 

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, 

E - He broke his promise.

2.) That the participants would only have to pay 1% of the first $1,400 of their annual Incomes into the Program, 

E - yes, well we know how that turned out.

3.) That the money the participants elected to put into the Program would be deductible from their income for tax purposes each year, 

 E- Hmmm... Kind of like another voluntary retirement savings program I can think of...

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, 

E - Yes, but we know how that goes.  Once they get your money...

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

E - Ah, well...

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:  

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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. 

E - Is anyone really surprised?

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Q: Which Political Party eliminated the income tax deduction for Social Security (FICA) withholding?  
A: The Democratic Party. 

E - Yet they bill themselves the party of the Elderly and Retirees.  A good con job.

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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 as President of the Senate, while he was Vice President of the  US 

E - Nice to know Wanna-Be-Prez Ali G. had the interests of the elderly at heart, huh?

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Q: Which Political Party decided to start giving annuity payments to immigrants who haven't paid in, pushing an already overloaded and taxed system over the brink, jeopardizing your payments and any cost of living raises?  

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!  You paid in your whole life but they collect just as you do.

E - I'm all for compassion and helping the elderly out that never paid in, but shouldn't that be some other type of program?  One that doesn't penalize the American seniors that paid in their whole lives?