I thought this was "interesting and informative".
Whether you are a Democrat, Republican or Independent, these are the
under Clinton 1999
under Bush 2008
|Single making 30K -
||Single making 30K -
|Single making 50K -
||Single making 50K -
|Single making 75K -
||Single making 75K -
|Married making 60K -
||Married making 60K-
|Married making 75K -
||Married making 75K -
|Married making 125K
- tax $38,750
||Married making 125K
- tax $31,250
If you want to know just how effective the
mainstream media is, it is amazing how many people t hat fall into the
categories above think Bush is screwing them and Bill Clinton was the
greatest President ever. If any democrat is elected, ALL of them
say they will repeal the Bush tax cuts and a good portion of the people
that fall into the categories above can't wait for it to happen. This is
like the movie The Sting with Paul Newman; you scam somebody out of some
money and they don't even know what happened.
Your Social Security 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 kids. They need
a little history lesson on what's what and it doesn't matter whether you
are Democrat of Republican. Facts are Facts!!!
Our Social Security
Franklin Roosevelt, a Democrat, introduced the Social Security (FICA)
- That participation in the Program would b e
- That the participants would only have to pay 1%
of the first $1,400 of their annual Incomes into the Program
- That the money the participants elected to put
into the Program would be deductible from their income for tax purposes
- 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
- 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:
Political Party took Social Security from the independent "Trust Fund"
and put it into the general fund so that Congress could spend it?
Lyndon Johnson and the democratically controlled House and Senate.
Political Party eliminated the income tax deduction for Social
Security (FICA) withholding?
Political Party started taxing Social Security annuities?
Democratic Party, with Al Gore casting the "tie-breaking" deciding
vote as President of the Senate, while he was Vice President of the US
Political Party decided to start giving annuity payments to
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 CONGRESS GIVES THEMSELVES 100% RETIREMENT FOR
ONLY SERVING ONE TERM!!!