Monday, September 06, 2004

Kerry Is Threatening Seniors

John Kerry is threatening seniors by claiming that the Republicans are going to get rid of Social Security.
He further complains about an $11.70 a month increase in Medicare premiums bringing our total premium for
doctor visits and hospitalization to a total of $78.30 per month. There is no place we could buy insurance, with a
deductible of $1000 for three times that amount. In todays market, this is reasonable cost for the amount of
coverage it provides. I am not wealthy, I still pay a mortgage and all of my living expenses and at 69, I consider
my coverage a bargain. Read more of the history of Democrats regarding SOCIAL SECURITY


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 use to fund the Social Security Retirement Program, and no other Government program, and,
5.) That the annuity payments to the retirees would never be taxed
as income.

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?
A: That's right! Jimmy Carter and the Democratic Party. Immigrants
moved into this country, and at age 65, began to receive SSI Social Security payments! The Democratic Party
gave these payments to them, even though they never paid a dime into it!


Now, after doing all this in violation of 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!

Perhaps we are listening to the wrong person (read Kerry) during this 2004 election year! Also, remember Edwards is the one who as a sole employee in the S corporation he set up was able to shield 90% of his income from Medicare taxes.

1 comment:

  1. Wonderful information and insight.....can I repost this on my blog crediting you as the author (of course)?

    Please email me at rightstate@cox.net

    ReplyDelete