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View Full Version : Points to ponder this election year.



BigFinFan
05-19-2004, 10:41 PM
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 used 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!

Then, after doing all this lying and thieving and 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 asking the wrong questions during this 2004 election year!

PhinPhan1227
05-20-2004, 02:06 AM
Um...couldn't you have summed this up by saying that Kerry wants to tax you till you die?...;o)

ohall
05-20-2004, 03:24 AM
Um...couldn't you have summed this up by saying that Kerry wants to tax you till you die?...;o)

You mean he wants to TAX everyone even after you are dead!

Oliver...

PhinPhan1227
05-20-2004, 08:59 AM
You mean he wants to TAX everyone even after you are dead!

Oliver...

That would be funny if the inheritance tax didn't maker it so true.

Kamikaze
05-23-2004, 03:36 PM
I'm just curious, how low do you want your taxes to be? For all the griping about taxes conservatives do, you'd think they'd want them totally eliminated. The side question is this: how economic Libertarian are you?

iceblizzard69
05-23-2004, 05:14 PM
Also, if you are going to cut taxes, you have to cut spending as well. Apparently Bush hasn't figured that one out yet (I'm not against tax cuts, but you have to cut spending if you are going to cut taxes.)

DolFan31
05-23-2004, 06:47 PM
You also cant cut taxes when the Federal Budget is in debt. Where's the money going to come from? Social Security, Medicare, Education, and other cuts. Im for tax cuts too, but only in economically positive times and when the National Debt is paid off.

ohall
05-23-2004, 07:26 PM
You also cant cut taxes when the Federal Budget is in debt. Where's the money going to come from? Social Security, Medicare, Education, and other cuts. Im for tax cuts too, but only in economically positive times and when the National Debt is paid off.

The gross national product is up so naturally the national debt will be higher as well. Anyone that has ever run a business this is natural. America's economy is just a huge business.

These are econonmically positive times, thx to the TAX cuts. This is the time to make those TAX cuts perminent.

Oliver...

PhinPhan1227
05-24-2004, 11:18 AM
Bear this in mind...sometimes a company that is doing poorly will take an aggressive stance. They cut prices to bring in more customers, while also borrowing money to expand and bring in still more customers. Debt in itself is not bad so long as the money is well spent and the economy is on the upswing. It's all in the timing.

dolfanreal69
05-26-2004, 09:17 AM
Getting away from the point is ok.Here is my take ,the fact is Social security like many programs is ill managed. If it si supposed to be my money who is to say what i can and can not do with it. I still think it should be my choice. the problem dems have with that is the fact that the majority of tax revenue comes from the very people who would take thier monies and invest it in simply IRA's which gather much higher returns than SS. then we would have less money to give to the poor people who appearantly can not manage thier own budget and have to have the government give them a metered ck from thier savings instead of doing it themselves. Basic fundemental budjeting of your money is a huge problem in this country. Just check the credit card debt in this country. Why do people not save and prepare for retirement? Simplely because allot of them think the government will take care of them and believe they do not need to worry about it.

PhinPhan1227
05-26-2004, 11:53 AM
"Personal Responsability" is a phrase that will never be uttered in a Democrat Convention, just as "Tolerance" will never be uttered in a Republican one.

Thundercracker
05-26-2004, 11:58 AM
Who was our last good president, who ran one of the best economies in the past 30 years? Bill Clinton of the Democratic party.

BigFinFan
05-26-2004, 12:01 PM
Who was our last good president, who ran one of the best economies in the past 30 years? Bill Clinton of the Democratic party.

Surely you jest!

Thundercracker
05-26-2004, 12:13 PM
Surely you jest!


What do you mean? there was more economic growth in his term than in any other term before or since.

Section126
05-26-2004, 01:00 PM
What do you mean? there was more economic growth in his term than in any other term before or since.

LIE.

PhinPhan1227
05-26-2004, 01:00 PM
What do you mean? there was more economic growth in his term than in any other term before or since.


And how was Clinton in ANY way responsible? The dot com bubble fuled that economic growth, and we paid for it as soon as the bubble burst. It was an artificial economy. It's like saying that a guy who won the lottery is an economic genius because he has a lot of money. You're looking at the figures but ignoring the reasons behind them. -