A Brief History of Social Security

[deacon blues]

Social Security Cards up until the 1980s expressly stated the number and card were not to be used for identification purposes. Since nearly everyone in the United States now has a number, it became convenient to use it anyway and the message, NOT FOR IDENTIFICATION, was removed.
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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.

Under Johnson the money was moved to the General Fund and SPENT.

5.) That the annuity 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 you have paid into FICA for years and are now receiving a Social Security check every month, and then finding that you are getting taxed on 85% of the money you 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.

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

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

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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!

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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!

[Hoovie]

It's 12.4% on the first 113,700.

[deacon blues]

Originally Posted by Hoovie

It's 12.4% on the first 113,700.

Thanks for the correction. I would edit if I could.

[Light]

Originally Posted by deacon blues

Thanks for the correction. I would edit if I could.

Illegals do not get SS or SSI

Generally, legal immigrants – those who have become citizens and some who have legal permission to be in the U.S – can qualify for these programs on the same basis as anybody else. Many people see the word "immigrants" and automatically think "illegal," and the plain fact is that illegal immigrants don’t qualify for either SSI or Social Security.

Another of your deceitful post. You just don't quit do you?

[Cindy]

Oh come on, Light. This is the only reason you come here.
I don't qualify either, yet. Didn't pay in enough for the last 5 years to qualify for disability.

[BeenThinkin]

Originally Posted by Light

Illegals do not get SS or SSI

Generally, legal immigrants – those who have become citizens and some who have legal permission to be in the U.S – can qualify for these programs on the same basis as anybody else. Many people see the word "immigrants" and automatically think "illegal," and the plain fact is that illegal immigrants don’t qualify for either SSI or Social Security.

Another of your deceitful post. You just don't quit do you?

AND JUST WHAT DO THEY QUALIFY FOR? WHAT DO THEY GET? And don't tell me they don't get anything!

BT

[Esther]

Originally Posted by Light

Illegals do not get SS or SSI

Generally, legal immigrants – those who have become citizens and some who have legal permission to be in the U.S – can qualify for these programs on the same basis as anybody else. Many people see the word "immigrants" and automatically think "illegal," and the plain fact is that illegal immigrants don’t qualify for either SSI or Social Security.

Another of your deceitful post. You just don't quit do you?

It seems to me it is you that just don't quit. Where is his post deceitful?

[deacon blues]

Originally Posted by Light

Illegals do not get SS or SSI

Generally, legal immigrants – those who have become citizens and some who have legal permission to be in the U.S – can qualify for these programs on the same basis as anybody else. Many people see the word "immigrants" and automatically think "illegal," and the plain fact is that illegal immigrants don’t qualify for either SSI or Social Security.

Another of your deceitful post. You just don't quit do you?

Find "illegal immigrants" anywhere in my post.

Try a reading retention course. Might help in the future.