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Thursday, August 21, 2008

Democrats sorry record on Social Security

I like this Letter to the Editor originally published in The Mercury. The writer does a good job or recounting the record of Democrats on Social Security.
Democratic Party has a sorry record on Social Security, taxes

Here are some thoughts to ponder. Did you know that Franklin Roosevelt, a Democrat, introduced the Social Security program? He promised that participation would be completely voluntary and participants would only have to pay 1 percent of the first $1,400 of their annual incomes.

The money put into Social Security would be deductibles for tax purposes each year. The money would not be put into general operation funds, but into an independent "trust fund" that could be used by no other government program, and Social Security payments would never be taxed as income. Many of us have been paying into the fund for years and now find we are being taxed on 85 percent of this money that we paid to the government to be "put away."

Do you know which political party took Social Security out of the "trust fund" and put it into a general fund, so Congress could spend it? Lyndon Johnson and a Democratic controlled House and Senate.

Do you know which political party eliminated the income tax deduction for Social Security withholding? The Democratic Party.

Do you know which political party started taxing Social Security payments? The Democratic Party (Al Gore as president of the Senate while being vice president cast the "tie breaking" vote).

Which political party decided to start giving payments to immigrants? Jimmy Carter and the Democratic Party.

The Democrats tell us the Republicans want to take your Social Security away, when they are the ones who violated the original contract.

Congress gives themselves 100 percent retirement for only serving one term.

"A government big enough to give you everything you want is strong enough to take everything you have." Thomas Jefferson

Contrary to what you might think, I am registered as an Independent. Facts are facts.

NANCY L. BELL
Pottstown



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