History Of Your Social Security Card

History Lesson on Your Social Security Card


Just in case some of you young whippersnappers (& 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.

Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program..
He promised:

1.) That participation in the Program would be completely voluntary, it's 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 it's 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. It's no longer tax deductible.

4.) That the money the participants put in would go 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, but, 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:

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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! If enough people read this, maybe a seed of awareness will be planted and maybe changes will evolve. Maybe not, some Democrats are awfully sure of what isn't so.


Actions speak louder than bumper stickers!

Hmmm. It's a mixture of truth and lies:

http://www.snopes.com/politics/socialse ... hanges.asp


http://www.factcheck.org/2009/03/fdrs-v ... -security/

We’ll address the newer claims first, specifically the five "promises" supposedly made by President Franklin D. Roosevelt at the inception of the Social Security system in 1935. We rely here on no less an authority than the official historian of the Social Security System, Larry DeWitt, who has written up a detailed response to these claims under the heading "Myths and Misinformation About Social Security," which can be found on the Social Security History Web page, along with answers to other frequently asked questions.

1. Not Voluntary. Contrary to the e-mail’s very first claim, FDR never promised that "the program would be completely voluntary." It is supported by taxes and participation has never been voluntary. As historian DeWitt states: "From the first days of the program to the present, anyone working on a job covered by Social Security has been obligated to pay their payroll taxes. "

2. Not 1 Percent. Another false claim is that FDR promised participants would pay only "1% of the first $1,400" of income. The law FDR signed taxed income up to $3,000, for one thing. And while the rate was 1 percent for the first few years, the law FDR signed raised it incrementally in 1940, 1943, 1946 and 1949, when it reached 3 percent.

3. Not Deductible. Also false is the statement that Social Security contributions "would be deductible from their income for tax purposes." The opposite is true. Section 803 of the law Roosevelt signed specifically says Social Security payroll taxes "shall not be allowed as a deduction to the taxpayer in computing his net income for the year." So the claim made later in the e-mail – that Democrats "eliminated the income tax deduction" for payroll taxes – cannot possibly be true. There was never a deduction to eliminate.

Update, March 27: An alert reader points out that self-employed persons must pay "self-employment tax," which is a Social Security and Medicare tax similar to the taxes withheld from the pay of most wage earners. Half of the SE tax is indeed deductible when figuring adjusted gross income for federal income tax purposes. However, the SE tax deduction has not been eliminated, not by "the Democratic party" or by anybody else.

4. Trust Fund Falsehoods. The message claims that FDR promised Social Security funds would be used "for no other government program," but that Lyndon Johnson and a Democratic Congress later took Social Security into the General Fund "so that Congress could spend it." This is twisted history. The government has always been able to use Social Security funds for other purposes when not needed to finance benefits. As DeWitt states: "[T]here has never been any change in the way the Social Security program is financed or the way that Social Security payroll taxes are used by the federal government." All LBJ did in 1968 was to make Social Security taxes and spending part of a "unified budget." As DeWitt notes, this was an accounting issue and "has no affect on the actual operations of the [Social Security] Trust Fund itself."

5. Taxation of benefits. The e-mail also gets it wrong when it claims that Roosevelt promised that "annuity payments to the retirees would never be taxed as income." It’s true that Social Security benefits weren’t taxed at first, but DeWitt writes that this was the result of a series of administrative rulings by the Treasury Department, not the result of Roosevelt’s law or anything he did or promised. And contrary to a false claim made later in the e-mail, it was not Democrats alone who "started taxing Social Security annuities." Congress authorized taxation of Social Security benefits in 1983, when Republicans controlled the Senate, and the measure was signed into law by President Ronald Reagan, a Republican. The measure was part of a bipartisan compromise to shore up the finances of the system, which were then on the verge of collapse.

Yet another old tired collection of mis-truths.

http://www.snopes.com/politics/socialse ... hanges.asp

Oh wait, you're joking again, right??

It's always hard to tell....

It's fun to forward emails.

Kinda like the crap you posted last sat LJ, right? Who knew!

It's a great substitute for original thought.

Only five posts and the deflection begins......

What it is LJ is a great deflection of the bile that has erupted from you for the last week.

And that has exactly WHAT to do with you posting another bullcrap email that it takes 2 seconds to refudiate? Please try to keep up with your own outrage-of-the-day thread...