SOCIAL Security, that is.
Many of us have paid into FICA for years and are now receiving a Social Security check every month — and we are being taxed on 85% of the money we paid to the federal government to “put away” for us. As we approach the presidential election, it is as important as it is angering to review some crucial facts about the history of Social Security, which was instituted by FDR (D), and for which the premiums we pay were increased by Ronald Regan (R).
Q: Which party took Social Security from an independent fund and put it the general fund so that Congress could spend it?
A: It was Richard Nixon and the Republican-controlled House and Senate.
Q: Which party put a tax on Social Security?
A: The Republican Party.
Q: Which party increased the tax on Social Security?
A: The Republican Party with Dick Chaney casting the deciding vote.
Q: Which party decided to give money to immigrants?
A: That’s right, immigrants moved into this country and at 65 got SSI Social Security. The Republican party gave that to them although they never paid a dime into it.
Then, after doing all this, the Republicans turn around and tell us that the Democrats want to take our Social Security– and the worst part about it is that so many People believe the Republican lies!