• History Lesson on Your Social Security Card

    Just in case some of you young whippersnappers (and some older ones) didn't know this.
    It's easy to check out, if you don't believe it. Be sure and show it to your family
    and friends. They need a little history lesson on what's what and it doesn't matter
    whether you are Democrat or Republican. Facts are Facts.

    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.

    An old Social Security card with the "NOT FOR IDENTIFICATION"message.
    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 in went to 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 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 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: 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 U.S.

    ------------ --------- --------- --------- --------- --------- --------- -

    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.
    History Lesson on Your Social Security Card <br / Just in case some of you young whippersnappers (and some older ones) didn't know this. It's easy to check out, if you don't believe it. Be sure and show it to your family
    and friends. They need a little history lesson on what's what and it doesn't matter
    whether you are Democrat or Republican. Facts are Facts.

    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.

    An old Social Security card with the "NOT FOR IDENTIFICATION"message.
    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 in went to 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 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 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: 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 U.S.

    ------------ --------- --------- --------- --------- --------- --------- -

    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." height="235" width="403" />
    History Lesson on Your Social Security Card

Views: 3982

Reply to This

Replies to This Discussion


1. FDR never promised that SS would be voluntary. Every worker was included with some exceptions, such as state and local employees, domestics, and employees of tax-exempt organizations.

2. The initial tax (lasting for the first 13 years) was 1% of the first $3,000 of wages (paid by both EE and ER). FDR never guaranteed that the tax or the wage base would never go up. Obviously both have because they proved so inadequate to pay benefits. The SS tax now is 6.2% (the balance of the 7.65% is Medicare and Disability Income) on the first $106,800, which adjusts annually for COLAs.

3. The SS taxes paid by employees never was deductible. The tax paid by employers always has been deductible.

4. The SS taxes always have been designated for the SS Trust Fund. But the funds always could be borrowed by the Fed government, which deposited promissory notes for the loans. I'll forward you an interesting oped today about the right of the Fed govt to spend that money. But the money never has been "transferred" from the SS Trust Fund to the "General Fund." It just has been borrowed and spent, with IOUs.

5. FDR never promised that forever the SS benefits never would be taxed. They weren't taxed until reforms beginning the early 1980s, when the benefit structure threatened to collapse. These reforms were proposed by the Alan Greenspan Commission--a Republican--and while approved by a Democratic Congress (I think), Reagan signed on. Today, most beneficiaries continue to receive the payments tax-free. But a lot of us pay a tax on up to 85% of our benefits. The 85% figure assumes that the value of what we receive is partly attributed to our own contributions but mainly to employer contributions plus the increases in value compared to what we actually put it.

6. No "Political Party" took SS from the SS Trust Fund and put it in the general fund, because this never has been done.

7. No SS payments are "given" to immigrants. They must earn them through tax payments, like all of us. Your pal is probably confusing some welfare benefits.

Hope this helps.

Excellent Info - thank you for posting this historical info on Social Security. 

Yup "D" is for destructive Democrats.

You need to read my prior post, this article is not true and has been debunked for many many months. This e-mail has been circulated around RW sites and attributed to a couple of different sources. Both of which have denied authoring it while also debunking it's lies. Learn to use the internet properly and stop believing what you are told to believe. Look these claims up!

Thanks for an interesting article, 56789.

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